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Solar Installers in Hawaii

Compare top-rated solar companies in Hawaii. Average cost: $3.01/W · 5.9 peak sun hours · 40.59¢/kWh electricity rate.

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$3.01/W
Avg Cost per Watt
5.9h
Peak Sun Hours
40.59¢
Electricity Rate/kWh
4yr
Avg Payback Period

Solar Energy in Hawaii: Complete Guide

Hawaii is one of the best states in the nation for residential solar energy. With an average electricity rate of 40.59 cents per kilowatt-hour and 5.9 peak sun hours per day, homeowners across Hawaii can generate significant energy savings by going solar. The average 8kW solar system in Hawaii costs $24,080 before incentives and $16,856 after the 30% federal tax credit.

An 8kW system in Hawaii produces approximately 17,228 kWh per year — enough to offset most or all of a typical household's electricity consumption. At current electricity rates, that translates to annual savings of approximately $6,993, with a payback period of around 4 years.

Hawaii's net metering policy is classified as reduced rate, which means homeowners receive credit at a rate below retail for excess energy, but solar remains highly economical due to direct consumption savings. The state has a Renewable Portfolio Standard requiring 100% renewable energy, which supports continued solar growth.

Hawaii Solar Cost Breakdown

System SizeBefore IncentivesAfter 30% ITC
5 kW$15,050$10,535
8 kW$24,080$16,856
12 kW$36,120$25,284

Hawaii Solar Incentives

Hawaii Renewable Energy Technologies Tax Credit
35% of cost, up to $5,000

Hawaii offers one of the most generous state solar tax credits in the nation. Combined with the federal ITC, Hawaii homeowners can offset up to 65% of their solar installation cost through tax credits alone.

Federal Solar Investment Tax Credit (ITC)
30% of total system cost

Available to all Hawaii homeowners through 2032. For a $24,080 system, this means a $7,224 tax credit.

Hawaii exempts solar installations from property tax assessments, meaning your home value increases without raising your property taxes. Over a 25-year period, the typical Hawaii homeowner saves $157,965 with solar — making it one of the best long-term investments available for your home.

Hawaii Solar FAQ

How much do solar panels cost in Hawaii?

The average cost of solar panels in Hawaii is $3.01 per watt before incentives. For a typical 8kW system, that's $24,080 before the 30% federal tax credit, or $16,856 after. Actual costs vary based on your roof, equipment choice, and installer.

How much can I save with solar in Hawaii?

Hawaii homeowners with an 8kW solar system can save an estimated $157,965 over 25 years. With an average electricity rate of 40.59¢/kWh and 5.9 peak sun hours per day, solar is a strong investment in Hawaii. The average payback period is 4 years.

Does Hawaii have net metering?

Hawaii offers reduced rate net metering. You receive credits at a reduced rate for excess solar energy, which still provides meaningful savings but at a lower rate than full retail.

What solar incentives are available in Hawaii?

Hawaii homeowners can take advantage of the 30% federal solar Investment Tax Credit (ITC) through 2032. Additionally, Hawaii offers a state tax credit of 35% up to $5,000. Solar installations are exempt from property tax increases.

How many peak sun hours does Hawaii get?

Hawaii averages 5.9 peak sun hours per day annually. This means an 8kW solar system in Hawaii would produce approximately 17,228 kWh per year. Peak sun hours vary by season and specific location within the state.

Is solar worth it in Hawaii?

Yes, solar is worth it for most homeowners in Hawaii. With a 4-year average payback period and 25+ year panel lifespan, you'll enjoy 21+ years of essentially free electricity after your system pays for itself. The combination of 40.59¢/kWh electricity rates, 5.9 peak sun hours, and available incentives makes Hawaii a great state for solar.

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Quick Hawaii Solar Facts

  • ☀️ Peak Sun Hours: 5.9h/day
  • 💡 Electricity Rate: 40.59¢/kWh
  • 💰 Cost per Watt: $3.01
  • 📊 Net Metering: Reduced Rate
  • 🔋 Payback Period: 4 years
  • 🌱 RPS Goal: 100%
  • 🏠 Property Tax: Exempt
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