A row of new duplexes along Price Street are the first in the neighborhood to feature photovoltaic power systems — solar panels that can help reduce a home’s monthly electric bill.

The system works by running solar energy through an inverter then back into the grid, dialing back the meter and customers’ overall power consumption.

The duplexes were  built by Cook Inlet Housing Authority as part of its Mountain View Village V development. Shawn Holdridge, CIHA’s senior manager of project management, said the power systems would also be installed at the Ridgeline Terrace project, currently under construction off Mountain View Drive. On Price Street, Holdridge said the renewable energy systems would really start to pay off this summer.

“We’re anxious to see how it works,” he said.