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Solar Investment Tax Credit

With current Federal and State tax credits, your new PV system is more affordable – and a smarter investment – than ever before.
Hawaii residents are qualified for:


A 35% State tax credit! Cap of $5,000 per system. (No expiration date, subject to change).


A 30% Federal tax credit! No cap!

Solar ITC Step Down

Both the residential and commercial ITC are equal to 30 percent of the basis that is invested in eligible Solar property. The ITC then steps down according to the schedule below.

The tax credit helped with my decision to go solar! – Chuang







Homeowners claim tax credits at the end of the financial year, when you file your normal taxes. Your tax advisor or CPA can give you the appropriate forms and answer any questions, and you’ll find detailed state tax credit info here: State of Hawaii solar tax credit information.


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.*

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