Hawaii Solar Rebates and Incentives

Solar Incentives for Hawaii

State tax credits are available in Hawaii. The Hawaii Solar and Wind Energy Credit

allow individuals or corporations to claim an income tax credit of 35% of the cost of equipment and installation of a solar electric system. See below for more details or call REC Solar for a free site evaluation.

Federal tax credits make solar even more appealing. The US government currently offers residential solar system owners a one time 30% federal tax credit.

State:	HAWAII
Program Name:	Solar Wind and Energy Credit (Corporate)
Incentive Type:	Corporate Tax Credit
Applicable Sectors:	Commercial, Residential, Multi-Family Residential
Incentive Amount:	Commercial: eligible for 35% state tax credit or $500,000, which ever is less; Single Family Residential: eligible for 35% state tax credit or $5,000, which ever is less; Multi-Family Residential: eligible for 35% state tax credits or $350 per unit, which ever is less;
Eligible System Size:	No maximum size specified
Equipment/Installation Requirements:	Solar system must be new and in complete compliance with all applicable performance and safety standards.
Website:	http://www.state.hi.us/tax
Authority 1:	Electric Discount and Energy Competition Act
Date Enacted:	1990, amended 2003, 2004, 2006
Effective Date:	7/1/2003
Expiration Date:	none

(Source: http://www.dsireusa.org/)

Local Program Administrator:

Information Specialist - Dept. of Taxation
Hawaii Department of Taxation
Taxpayer Services Branch
P.O. Box 259
Honolulu, HI 96809
Phone: (808) 587-4242
Web site: http://www.state.hi.us/tax