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Hawaii Solar Rebates
Endless sunshine and great Hawaii solar rebates make Hawaii a fabulous state for clean solar power. Lots of Hawaii solar rebates and incentives are available to homeowners and businesses. By saving on high energy costs and utilizing Hawaii solar rebates, many homeowners regain up to 70 percent of their solar panel investment within the first year.
A helpful Hawaii solar rebate is the Hawaii Energy Tax Credit. This allows individuals to claim an income tax credit of 35% of the solar installation costs of a solar panel system. The Hawaii Energy Tax Credit is capped at $5,000. The federal government also provides a 30% Federal Investment Tax Credit for the cost of home solar panel installation.
A popular Hawaii solar incentive is net-metering. Through net-metering, any excess power generated through home solar panels can be sold back to the utility company. The extra electricity can be used in the form of a kilowatt-hour credit that is applied to your next bill. The credits can only be carried over for 12 months. At the end of 12 months, leftover customer credits are surrendered to the electric company without compensation. Net-metering actually causes your electric meter to spin backwards and enables you to earn a profit from your Hawaii solar panels.
With never-ending sunshine and various Hawaii solar rebates, the Aloha State is the ultimate location to convert to clean solar power. Thousands of Hawaiians are using the FREE energy from the sun to save on excessive energy costs, isn’t it time you joined them? Say goodbye to dependence on dirty imported oil and hello to free clean solar. The solar experts at Solar Panels Online can help you take advantage of all Hawaii solar rebates and save on home solar panel installation.
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SOLAR PANELS
