Average Cost Of Solar Panels In Hawaii

This is 2 67 per watt.

Average cost of solar panels in hawaii.

Hawaiian homeowners can also install a solar panel today for zero money down through a lease. Hawaii solar panel cost breakdown 5kw install. The time to go solar in hawaii is now if solar power here is almost 240 more cost effective than the rest of the nation 5 it wouldn t be wise to let another sunny hawaiian day go to waste. Considering the average is typically 13 kwh that means there s a lot of incentive to reduce one s dependence on the grid.

The average hawaiian spends about 39 kwh. As of sep 2020 the average cost of solar panels in hawaii is 2 67 per watt making a typical 6000 watt 6 kw solar system 11 837 after claiming the 26 federal solar tax credit now available. Here s how the numbers pencil out when you pay up front for a 5 2 kw rooftop solar system in hawaii. Solar panel cost in hawaii the average cost for an installed residential solar system in hawaii is currently 11 837 after claiming the 26 federal solar tax credit.

Purchasing a solar system can cost anywhere between 15 000 and 29 000. Don t worry because the two tax credits you re about to get will reduce that by a ton after just 1 year. State solar tax credit 5000. In a nutshell a standard 5 kilowatt system will net you an estimated 11 000 back from both credits 4 while building home equity.

Installing a typical 5 2 kw solar system should start at about 16 000. 30 federal solar tax credit 6000. For an average size system of about 5 kw the out of pocket cost of the solar array would be 25 000. But now there s a whole new way to get home solar in hawaii.