If you’re a homeowner in Hawaii, you’ve likely heard about the financial perks of going solar. But what are the real numbers? Let’s break it down.
Typical Savings
The average Hawaii household spends around $300 per month on electricity. With a properly sized solar system, you can cut that bill by 60-80%. Over 25 years, that adds up to $60,000+ in savings.
Payback Period
Thanks to incentives and the high cost of local utilities, most homeowners in Hawaii see a return on investment in 5-7 years.
Incentives That Make a Difference
- Federal ITC: Get 30% of your installation cost back as a tax credit.
- Hawaii State Tax Credit: Claim up to 35% or $5,000 (whichever is less).
- Grants and Financing: Eligible small businesses and agricultural producers can access USDA grants and local financing options.
Other Financial Benefits
- Increase your property value.
- Reduce long-term exposure to fluctuating energy costs.
- No more worrying about HELCO rate hikes.
At BlueSky Energy, we tailor each solar project to ensure it delivers the best long-term value and performance. Let us help you unlock the savings potential of your rooftop.