Solar hot water and photovoltaic installations on your home or business can result in large reductions to your electric bill. There are also federal & state tax credits that offer immense returns. In addition to having free hot water and electricity after the system has paid for itself in reduced utility bills, you & your family or business will be cushioned from future fuel shortages & price increases. You will also be doing your part to reduce our country's dependence on foreign oil.

These are pricing samples only.

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Photovoltaic System
2.3Kw Solar Electric System, Avg output per day 13.55kW, includes installation and MECO net-metering.

     
   System Cost
$ 14,854.21   
     Avg kW AC Production
10.12/Day   
 
   Federal Tax Credit
- 4,456.26   
   Avg Elec. Bill Savings
$78.45/Month   
   Hawaii State Tax Credit
- 5,000.00   
   Yearly Savings
$941.36   
   Net Cost
$5,397.95   
   Est. Pay Back Period
5.7 Yrs   
  Based on Maui Electric Rates for Nov '09.  


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Solar Water Heating
80-gal Solar Hot Water Heating System

     
   System Cost
$ 5,078.14 
     Avg Elec. Bill Savings
$60.00/Month   
 
   Hawaii Energy Rebate *
- 750.00  
   
   Federal Tax Credit
- 1,298.44  
   Yearly Savings
$720.00   
   Hawaii State Tax Credit
- 1,514.85  
   Est. Pay Back Period
> 2 Yrs   
   Net Cost
$1,514.85  
Based on Maui Electric Rates for Nov '09.
* Currently there is a $750 rebate & a bonus rebate of $250 for a limited time until funding runs out.    

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To download a copy of a price sheet for solar water heating on existing homes, click here.
To download a copy of a price sheet for solar water heating on new construction homes, click here.
To download an example of SWH & PV pricing examples, click here.

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