Over Four Decades of Experience and Excellent Reputation in Solar Systems Installation
The Highest Quality Solar Systems Installer in Maui
Photovoltaic
Photovoltaic installations can be installed on both homes and businesses. A system has the potential to produce all of the electricity that is needed...
Solar Hot Water
Traditional water heaters can account for up to 40% of the electric bill. You can eliminate up to 85% of the energy used to heat water with the installation of a solar hot water system. And as of Jan. 1, 2010, solar water heating is a requirement on all new single-family construction.
The benefits of using solar electric and solar hot water systems can include long-term benefits, environmental benefits, long-term investment benefits, and tax benefits.
To view the specific tax benefits available to residents of Hawaii through Federal and State Tax Credits please read on...
Visit our 546-module solar farm that generates and sells power to MECO.
We have provided you with a break-down of the following details for both Photovoltaic and Solar Hot Water Systems:
Tax Benefits
Solar hot water systems tax incentives:
- The current federal tax bill allows a 30% Federal Energy Tax Credit with a $2,000 cap. Read more...
- Hawaii allows a 35% state tax credit with a cap of $2250. Read more...
- Hawaii Energy offers a $1,250 (thru 06/30/23) rebate for solar hot water installations using a participating contractor.
Photovoltaic tax incentives
Commercial photovoltaic systems:
- 30% Federal Business Energy Tax Credit
- 35% State of Hawaii Energy Conservation Tax Credit
- Federal and State Accelerated Depreciation
Residential photovoltaic systems:
- The current federal tax bill allows a 30% Federal Energy Tax Credit with no cap starting in 2009
- Hawaii allows a 35% state tax credit with a $5,000 cap per system (5KW per system).
Federal Tax Credit - (includes instructions)
Federal Tax Credit - Form 3468 Investment Credit (includes instructions)
State Tax Credit - Form N-342 Renewable Energy Technologies Income Tax Credit
Hawaii uses federal Form 4562 (same as above)
