So, what is MACRS?

MACRS is a tax law that allows businesses to depreciate the full cost of a solar system over a 5-year period, even though that system will last 25+ years.

That means you get to deduct a big chunk of the project’s cost up front, reducing your taxable income today, not slowly over decades.

Why It Matters to You

Take advantage of immediate tax benefits and incentives, putting more cash back into your business right away.

You get your money back faster.

You lower your tax bill immediately.

You shorten your breakeven timeline.

You keep more cash in your business.

Let’s Make This Real:

Imagine your business purchases a $100,000 solar system.

Thanks to MACRS, you could depreciate up to 60% of that in Year 1 alone, depending on how your accountant structures it.
And when you combine:

The Federal Tax Credit (30%)
The Hawaii State Tax Credit (35%)
And MACRS Depreciation (often over $30,000 in deductions)

The total “real” cost of your system can drop by 70–85% or more—and that’s before you save a single dollar on electricity.

MACRS + Solar in Hawaii = A Financial Layup

In Hawaii, where energy rates are sky-high, the addition of MACRS makes the economics of commercial solar truly absurd (in a good way).

For many of our clients, the combination of:

Energy bill savings
Tax credits
MACRS depreciation

Results in a complete payback in 2–3 years. After that?

It’s all upside for the next 20+ years.

Don’t take our word for it. They clicked once, we did the rest!

Harry, Kihei

Hawaii Solar Group saved me over $9,000 compared to the best quote I had already received, and it was from the same installer! I've already recommended 3 of my neighbors and Hawaii Solar Group and they've paid me a referral fee!

Scott, Kihei

Two different companies quoted me $54k and $61k. Erik showed me where both were inflating system size and helped me get the same job done for $47k. Best part is Hawaii Solar Group does not charge for this service!

Emily, Kihei

I’m busy with work and didn’t have time to deal with 4 different sales reps. Hawaii Solar Group collected the proposals, negotiated with each of them, showed me the differences, and helped me choose in one meeting. And the cherry on top is Eric doesn't charge anything for this service!

Jake, Kihei

Going solar felt like walking into a car dealership alone and having the salesman tell me what I had to buy. Then Erik showed up like a seasoned auto broker. He sat next to me, translated the fine print, and negotiated a better deal than I could’ve imagined. That’s what HSG does, they flip the dynamic.

Erin, Kihei

It was clear from the start: Hawaii Solar Group works for the homeowner. They weren’t trying to steer me toward any one installer. Erik did all the work and laid out the options, and I chose which one worked best for me. His service didn't cost me anything and it was the difference between buying solar and staying with HECO.

Clarissa, Makawao

I had proposals from two big-name solar companies, but they were confusing and overpriced. Erik reviewed them, explained what was missing, and got me a better system at a better price from one of the same installers!

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.