What
Hawaii, with its abundant sunshine and strong commitment to environmental preservation, is an ideal location for solar energy. The state’s average of 276 sunny days per year makes it perfect for harnessing solar power, which offers both environmental and economic benefits.
Protect Our Islands
Switching to solar energy helps reduce the reliance on fossil fuels, thereby preserving Hawaii’s natural beauty and marine life. By using clean energy, you play a crucial role in protecting the environment for future generations.
Lower Energy Costs
Hawaii’s high electricity rates make solar energy a smart financial choice. Installing solar panels can drastically reduce your monthly energy bills. With state and federal incentives, the initial investment is more manageable, and the long-term savings are substantial.
Resilience and Reliability
Solar energy provides a reliable source of power, especially important in Hawaii, where natural disasters can disrupt traditional energy supplies. With solar panels, you can ensure a steady supply of electricity during emergencies.
Federal Solar Investment Tax Credit (ITC)
Take advantage of the federal ITC, which provides a 30% tax credit on the cost of your solar energy system installation. This incentive makes going solar more affordable.
Hawaii State Tax Credit
Hawaii offers a state tax credit of up to 35% of the cost of your solar energy system, with a cap of $5,000 per system. This additional savings makes solar energy even more accessible for residents.
Property Tax Exemption
Installing solar panels in Hawaii will not increase your property taxes. This exemption ensures that you can enhance your property’s value without facing higher taxes.
Net Energy Metering (NEM)
Hawaii’s NEM program allows you to earn credits for any excess energy your solar panels produce and feed back into the grid. These credits can be used to offset future energy bills, maximizing your financial benefits.