Estimated Savings for a Typical Hawaii Home
Based on a $150/month electric bill
System Size
3.1 kW
Gross Cost
$12,315
Federal Credit
-$3,695
State Incentive
-$5,000
Net Cost
$3,621
Annual Savings
$1,460
Payback Period
2.5 yrs
25-Year Savings
$46,250
CO₂ Offset/yr
4,797 lbs
Hawaii Solar Incentives
30%
Federal Investment Tax Credit (ITC)
Deduct 30% of your total solar installation cost from your federal taxes. Available through 2032 with no dollar cap.
$5,000
Hawaii State Incentive
Hawaii offers a 35% state tax credit up to $5,000.
Net Metering Policy: Avoided Cost
Top utility in Hawaii: Hawaiian Electric. View full incentives detail →
Solar Costs by City in Hawaii
| City | Annual Savings | Payback (yrs) | Population ↓ | Utility |
|---|---|---|---|---|
| Honolulu | $1,460 | 2.9 | 347,397 | Hawaiian Electric |
| East Honolulu | $1,498 | 2.3 | 49,914 | Hawaiian Electric |
| Pearl City | $1,614 | 2.1 | 47,698 | Hawaiian Electric |
| Hilo | $1,462 | 2.3 | 44,186 | Hawaii Electric Light |
| Kailua | $1,649 | 2.1 | 38,635 | Hawaiian Electric |
| Waipahu | $1,566 | 2.2 | 38,216 | Hawaiian Electric |
| Kaneohe | $1,460 | 3.2 | 34,597 | Hawaiian Electric |
| Mililani | $1,582 | 2.1 | 27,629 | Hawaiian Electric |
| Kahului | $1,705 | 2 | 26,337 | Maui Electric |
| Ewa Beach | $1,460 | 2.4 | 24,689 | Hawaiian Electric |
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Quick Facts: Hawaii
- ⚡ Avg rate: $0.280/kWh
- 🌞 Peak sun: 5.8 hrs/day
- 🏭 Top utility: Hawaiian Electric
- 📋 Net metering: Avoided Cost