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Hawaii is undoubtedly one of the best places for solar power. This largely has got to do with the impressive 6.7 hours of peak sun hours that the state receives during summer and up to 5.60 hours during winter. The state boasts more than 564 MW of solar power capacity.
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In Honolulu, residents have the option to choose between many locally owned and non-local/large-network solar companies. It’s important to learn about the solar components offered, cost-per-watt rate, purchase options, and overall quote in order to choose the right solar company.
5 best solar companies in Honolulu
Going solar becomes a smooth sailing experience when the solar installation company offers multiple benefits, including competitive quotes, extended warranties, and seamless integration with the local and state solar incentives.
Here are the five best solar companies in Honolulu that have received good online ratings and reviews for their excellent solar panel and battery system installation services:
Address: 521 Ala Moana Blvd, Suite M302, Honolulu, HI 96813
Island Pacific Energy is one of the highest-rated solar installation companies in Honolulu. The company is locally headquartered in the Hawaiian city and offers solar panels as well as battery system installation. The company’s cost-per-watt rate averages at around the $4.12/W mark. Also, the company is a Tesla Powerwall certified installer.
Island Pacific Energy offers up to 25 years of warranty on solar panels, battery systems, and overall workmanship. Also, the solar installer offers customers the flexibility to choose between loan, PPA, lease, or full cash payment options.
Address: 1234 S King Street, Honolulu, HI 96814
Telephone: (808) 951-4100
Photonworks Engineering is another top-rated solar installer in Honolulu. Similar to Island Pacific Energy, the company has good ratings and reviews on several online solar marketplaces. The company also offers a competitive cost-per-watt rate of around $3.90/W.
Photonworks Engineering is associated with several top-rated solar component manufacturers, including Panasonic solar, Enphase Energy, Tesla, SolarEdge, and REC. The company offers up to 30 years of comprehensive warranty for solar components and overall workmanship. Customers also get the option to choose between financing and full cash payment option from the company.
Address: 660 Ala Moana Blvd #220a, Honolulu, HI 96813
RevoluSun comes as one of the best solar companies in Honolulu, HI with its expertise in both the solar panel and battery system installation departments. The company is associated with several large-scale solar component manufacturers, including Tesla, Panasonic solar, and Sunpower.
RevoluSun offers a cost-per-watt rate of around $4.00/W and up to 30 years of warranty on the solar system. The company also offers all standard purchase options, including leasing, financing, and full cash payment.
Address: 957 Kamenani St, Honolulu, HI 96817
OceanHead Solar & Electric is a woman-owned full-service solar installation company in Honolulu, Hawaii. The solar installer is locally headquartered in Honolulu and serves the entire Hawaii region.
OceanHead Solar & Electric specializes in solar panel installation and also offers solar panel repairs, inspection, and cleaning services. The company offers a cost-per-watt rate of around $4.20/W and up to 25 to 30 years of a comprehensive warranty. Financing and full cash payments are the two purchase options available with the solar installer.
5. Mālama Solar
Address: 677 Ala Moana Blvd, Honolulu, HI 96813
Mālama Solar is another solar installer in Honolulu that has maintained good credibility with high online ratings and reviews. The company is associated with Tesla energy and Generac. Similar to Oceanhead Solar & Electric, the company serves the entire Hawaii region
Mālama Solar offers an average cost-per-watt rate of around $4.15/W and more than 20 years of warranty on the solar panels, battery system, and workmanship. The company’s solar purchase options are limited to full cash payment and financing.
1. Are solar panels worth it in Hawaii?
Yes, going solar is definitely worth it in Hawaii due to several factors. First, the Hawaiian state receives plenty of sunshine throughout the summer and considerably good peak sun hours during the winter months. Second, there are several solar incentives available that can significantly lower the overall solar installation cost.
2. Do you really save money with solar panels?
Yes, solar panels generally deliver the return on investment in a gradual but consistent way. In most cases, solar panels pay for themselves within 6 to 10 years. However, you can increase the utility savings you get from your solar system by installing a battery system that helps you store solar energy and use it during peak hours when utility power costs go high.
3. How long does it take solar panels to pay for themselves?
Solar panels generally deliver returns within 6 to 10 years. With a battery system, you can save more on utility expenses by storing solar energy. Financing and full cash payments are the two purchase options that can help you benefit from gradual and consistent returns from solar panels. However, if you do not have any budget to pay upfront or aren’t comfortable with paying a sizeable monthly financing amount, you can go for the leasing option.
Solar installation in Honolulu: tax credit
Local and legal residents in Honolulu can benefit from the Federal solar investment tax credit that is postponed to be effective at 26% till 2022. The tax credit is speculated to be effective at only 32% in 2023, and all the way down to 0% in 2024.
Combining the local solar net metering plan, local solar rebates, and other solar incentives with the tax credit can help you save a significant amount when going solar.
Image credit: Hawaii Home Magazine
When it comes to lowering the cost of going solar in Honolulu, or any other city in Hawaii or in another state, it’s important to learn about all the solar incentives available. Learning about the solar incentives, checking your eligibility for them, and leveraging them can help you significantly lower the overall cost of having a solar system installed in your home.
To help you get started, we recommend going through several of these solar incentives that are available in Hawaii.