About > Tax Credit & Financing
Solar Investment Tax Credit
Hawaii residents are qualified for:
35%
A 35% State tax credit! Cap of $5,000 per system. (No expiration date, subject to change).
30%
A 30% Federal tax credit! Now set to end December 31, 2025.
Solar ITC Update
The federal solar tax credit currently lets homeowners and businesses claim 30% of the cost of a solar system as a credit on their federal taxes. It was originally expected to last through 2032, but recent legislation has changed that. The credit is now scheduled to end December 31, 2025.
30%
Available through December 31, 2025. You'll find the most up-to-date details on the federal solar tax credit at SEIA: https://seia.org/solar-investment-tax-credit/.
State incentives and financing options continue through 2026.
How it works: Homeowners claim solar tax credits when filing their yearly taxes. A tax advisor or CPA can help with the right forms. You can also find details on Hawaii’s state solar credit here: tax.hawaii.gov/geninfo/renewable
Financing
Find the right financing option for your Home Solar Project. *Contact our Partners to learn more.
Hawaii State Federal Credit Union
Hawaii State Federal Credit Union offers a PV loan with 0% interest and no monthly payments in the first 18 months to help you enjoy the savings from day one. After the first 18 months, enjoy an interest rate as low as 7.70% APR for the next 78 months. The APR for the entire 8-year term may be as low as 5.165%.*
Aloha Pacific Federal Credit Union
Aloha Pacific Federal Credit Union has designed a straightforward solar loan with a ten-year fixed rate of 5.99%. The loan features zero interest for the first 24 months, no prepayment penalty and fixed monthly payments.*