Solar Panels Hawaii Cost

However solarreviews handles more than 1 000 quote requests per day and the current average price we see on our marketplace is 2 53 per watt.

Solar panels hawaii cost.

This is higher than the average price of residential solar power systems across the united states which is currently 2 53 per watt. National data september 2020. Find out how you can control your energy costs with a custom solar setup of your own. Hawaii solar panel cost breakdown 5kw install.

Solar panel cost data hawaii 2020 updated. Fortunately for us that gets knocked down quite a bit by the following. The time to go solar in hawaii is now. 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.

The energy sector in hawaii has rapidly adopted solar power due to the high costs of electricity and good solar resources and has one of the highest per capita rates of solar power in the united states. The most recent official data from the doe funded lawrence berkeley labs published in september 2019 found that the median cost of residential solar panels is 3 70 watt. Purchase solar at the lowest price of any national provider with tesla s price match guarantee and take control of your monthly electricity bill. The high cost of electricity lots of sunshine a state tax credit and the federal tax credit means that homeowners can get an excellent return on investment by installing residential solar panels in the aloha state.

Below you can compare the prices and reputations of solar installers solar panel manufacturers and other solar energy companies servicing hawaii today and learn how to select the best one. 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. Compare the best solar energy companies in hawaii in 2020 updated. There are currently 55 solar energy companies operating in hawaii.

Adding another 4 5 kw of solar panels should eliminate most of the rest of your 190 monthly bills and cost somewhere around 12 000 15 000 before the 26 federal tax credit and hawaii s own 35 tax credit. Hawaii solar power overview. Use solar energy to power your home and reduce your dependence on the grid. With energy prices on the rise this may be the perfect time.

For an average size system of about 5 kw the out of pocket cost of the solar array would be 25 000. Hawaii s imported energy costs mostly for imported petroleum and coal are three to four times higher than the mainland so hawaii has motivation to become one of the highest users of solar. Learn more about your potential savings in our design studio. Hawaii is an ideal place for home solar in the united states.

State solar tax credit 5000.