Hawaii is a National Leader in Solar Power
Solar power provides a significant boost to Hawaii's efforts to build a clean energy future. By the end of 2015, Oahu residents had nearly 41,600 rooftop solar systems with a capacity of 343 MW, significantly more than the largest conventional generator on the island. Hawaii Island residents had installed 9,700 systems with a 70 MW capacity and Maui County residents had installed over 9,300 systems with a 74 MW capacity.
When you install a solar system, 26% of your project expenses apply toward a credit to offset any taxes you owe that year. This federal tax credit is a major incentive to go solar, but it is going to be phased out by 2024.
To be eligible to claim this credit, you must owe federal taxes.