SOLAR HOT WATER 

solar panels on roof

solar panels

solar hot water heater

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NEW rebate info click here!

Heating water takes up about 40% of a typical electric bill.

Invest in smart energy solutions that will keep you... not your wallet... in hot water!

Cut your water heating costs up to 90% with solar water heating.

Cut your solar water heating installation costs by up to 75% with Hawaii Energy rebates and state and federal tax credits. With the money you’ll save on your electric bill, your solar water heater will pay for itself in an average of two to three years.

Call us to begin the process of receiving a Hawaii Energy $750 solar water heating rebate. You’ll be joining one in four Hawaii residents who’re already saving money with solar hot water.

Solar water heating rebates are available only for existing homes. A new Hawaii law mandates solar water heating for all new homes to be built.

NEW! Hawaii Energy can help you purchase a solar water heating system...

Hawaii Energy, Your Conservation and Efficiency program, is now offering federal stimulus incentives from the American Recovery & Reinvestment Act (ARRA) to help you finance a solar water heating system.

Hawaii Energy, in partnership with local lenders, is buying down the interest (up to $1,000) on a solar water heating system loan of $5,000 or more.  With an average system cost of $6,703, this is a great way to stretch your payments over the term of your loan.

To save even more, apply for federal and state tax credits.  ACT FAST.

SYSTEMS MUST BE INSTALLED BY 12/31/10 IN ORDER TO QUALIFY FOR A TAX CREDIT FOR THIS YEAR.

Average Cost of solar water heating system $6,703 +
30% Federal Tax Credit ($6,703 x 30%)
($2,010)
35% State Tax Credit*
($2,250)
Interest (at 6%, 5 year term) $1,073
Interest Buy Down Paid to Participating lender ($1,000)
NET SYSTEM COST TO CUSTOMER $2,516

The price of your system will vary by the requirements of your household and may vary by contractor.  Loan is subject to credit approval.

*State tax credit limit is $2,250.



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