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Hawaii Solar Incentives: Tax Credits & Rebates Guide 2024

Written by Faith Foushee/

Edited by Jamie Cesanek

Last updated 09/21/2023

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Key Points

  • Hawaii is a sunny state with an ideal solar market to make the costs of solar worthwhile.
  • Federal, state, and local solar incentives offset your out-of-pocket solar installation costs in Hawaii.
  • SaveOnEnergy can help you estimate your potential solar savings and find a solar company to meet your preferences and budget.

Ready to go solar? Call 877-307-7668 to be connected with a solar expert today!

Solar power FAQs

  • The cost of going solar in Hawaii depends on your location, the size of your home, the type of solar panels you choose, and the average amount of electricity you use per month. The average cost of residential solar panels in 2023 is $31,558, but you can reduce that cost significantly through federal credits and Hawaii solar incentives. Programs like solar leasing or interest-free financing can also help make Hawaii solar panels more affordable.

  • Yes. Hawaii residents pay some of the highest electricity rates in the country, making the cost-saving benefits of solar enticing. Hawaii also receives abundant sunlight, so your solar array will likely generate plenty of electricity. If you plan your project well, you may be able to offset many of these costs and save money in the long run. Solar panels can also add $15,000 to the value of your home.

  • SaveOnEnergy’s solar marketplace experts can help connect you with a quality solar panel installer. Our team can help you explore options and find the best Hawaii solar company for you. Answer a few questions in the form on this page to get started on your solar journey. 

  • Solar energy is renewable. Over the course of a solar system’s lifetime, it eliminates over half a ton of pollution from sulfur dioxide, one-third of a ton of pollution from nitrogen oxides, and 100 tons of carbon dioxide, according to the National Renewable Energy Laboratory of the U.S. Department of Energy. Overall, the report notes that this will provide a “net gain of 26 to 29 years of pollution-free and greenhouse-gas-free electrical generation.”

  • The cost of solar panels in Hawaii and elsewhere has been declining steadily for years. That trend will likely continue as more resources are invested into bolstering the industry. Plus, today’s Hawaii solar incentives reduce system costs significantly, making now a great time to go solar in the Aloha State.

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