Business Opportunities in Alaska

Photo Credit: Bethany Goodrich

Photo Credit: Bethany Goodrich

The number one word Alaskan entrepreneurs note is opportunity. Project developers, financiers, equipment suppliers, electric vehicle promoters, and efficiency contractors are among REAP constituents finding a profitable market.

Microgrid Development

Remote Alaskan communities have the greatest cost per kilowatt hour in the country, where rates of 65 ct or more are not at all uncommon. Given these high costs, Alaska has become a world leader in remote, renewable microgrid development, where we operate more than 10% of the renewable microgrids operating globally.

Municipality of Anchorage Invests in LED streetlights 

Building on the gains illustrated by a previous LED retrofit of 4,000 streetlights, which yielded $260,000 of annual savings, the Municipality of Anchorage is now installing more LEDs in streetlights across town.

City and Borough of Juneau National Leader in Electric Vehicles

With nearly fifty electric vehicle owners, and a geographic that eases “range anxiety,” Juneau has the third highest per capita ownership of electric vehicles in the country. A team from Juneau participated in Rocky Mountain Institute’s eLab Accelerator in 2016. Momentum is forwarded by the Juneau Electric Vehicle Association, the Juneau Economic Development Council’s Renewable Energy Cluster, and Juneau Commission on Sustainability. In March 2015, the City adopted this Resolution to Support the Advancement of Electrified Transportation and Infrastructure.

Hoonah Saves Big on Energy Efficiency

In a Southeast Alaskan community that pays $0.55 per kilowatt-hour, every watt matters. Last summer, the Sustainable Southeast Partnership and REAP worked with the USDA and Southeast Conference to offer energy audits to commercial buildings in rural Southeast Alaska.  The City of Hoonah and multiple private businesses jumped at the opportunity to find out how they could save energy and money on their utility bills. Mayor Ken Skafflestad in Hoonah fully supported the lighting retrofits, and Dennis Gray, Hoonah City Administrator,  swiftly carried out the task.  The pool and gym upgrades will pay for themselves in the first year, and save over $61,000 over the next five years alone.  The harbor light conversion is expected to save over $16,000 annually.