Hawaii’s Most Powerful Business Decision Might Not Be in Your Boardroom, It Might Be On Your Rooftop.
Learn how businesses benefit from solar
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Hawaii's average commercial electricity rate per kWh, making solar savings immense.
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The typical payback period for a commercial solar system in Hawaii.
It’s Not Just About Going Green. It’s About Getting Smart.
At Hawaii Solar Group, we are not a solar company—we’re solar strategists, and our only job is to ensure you get the best deal, the best tax outcome, and the smartest long-term return on your investment. If you’re a Hawaii business owner, now is the time to turn your biggest overhead expense—electricity—into an asset.
Hawaii has the highest electricity rates in the nation.
Every kilowatt your business generates with solar is a fixed cost, compared to the volatile utility rate rollercoaster.
The sun doesn’t just shine—it pays.
Hawaii receives some of the highest solar irradiance in the country. That means you generate more power per dollar than nearly anywhere else in the U.S.
Tax advantages are substantial.
- 30% Federal Tax Credit
- 35% Hawaii State Credit
- MACRS Accelerated Depreciation
- REAP Grant (25% of total cost for qualifying for-profit businesses)
Solar Should Be a Business Decision, Not a Sales Pitch
When solar is done right, it’s not just a green decision—it’s a cash-positive, balance-sheet-improving investment. But here’s what can go wrong:
Who Uses Hawaii Solar Group?
Why Choose Solar for Your Business? Here Are Some Reasons Solar Is A Must
The Rural Energy for America Program (REAP) can provide additional financial support. Grants from REAP can cover up to 50% of your solar project costs, further enhancing your savings.
Take full advantage of the tax benefits available for solar installations. The Investment Tax Credit (ITC) allows you to deduct up to 30% of your solar system’s cost from your federal taxes. Additionally, the Modified Accelerated Cost Recovery System (MACRS) enables you to depreciate the system over just five years, leading to substantial tax savings. These incentives make solar not only an environmentally sound choice but a financially savvy one as well.
Maximize your savings and take full advantage of the significant tax incentives available for solar installations. You can deduct up to 30% of your solar system’s cost from federal taxes through the Investment Tax Credit (ITC). In Hawaii, benefit from a 35% state tax credit and accelerated depreciation under the Modified Accelerated Cost Recovery System (MACRS), allowing you to depreciate the system over five years. These incentives make solar a smart financial choice in addition to being eco-friendly.
Slash your energy bills by generating your own electricity. Solar energy can drastically reduce or even eliminate your monthly utility expenses, freeing up capital for other investments.
Experience a positive cash flow from your solar investment in as little as two years. With immediate energy savings and low or no upfront costs through various financing options, many businesses see their solar systems paying for themselves quickly, boosting your financial performance and providing a rapid return on investment.
Purchase Own your solar system outright and enjoy immediate energy savings and long-term benefits. With full ownership, you maximize your return on investment and benefit from all available incentives.
Power Purchase Agreement (PPA) Enter into a Power Purchase Agreement to install solar panels with no upfront costs. You only pay for the electricity generated by the system, typically at a lower rate than your current utility charges.
Why Wouldn’t You Consider Solar?
In Hawaii’s unique energy landscape, the benefits of commercial solar are undeniable. With substantial cost savings, energy independence, enhanced energy security, significant tax advantages, and the potential for positive cash flow in the first year, solar power is not just a smart choice—it’s a strategic advantage. Embrace the power of the sun and secure a brighter, more sustainable future for your business.