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Solar incentives in Hawaii

What is actually on offer here in 2026 — the state incentive, the federal position, and the export rule, which is usually worth more than either.

$5,000 state incentive, on $30k
$0federal credit if you buy
1rate schedules modelled

The state incentive

35% state credit, capped at $5,000. Hawaii Renewable Energy Technologies Income Tax Credit.

On a $30,000 system this is worth $5,000. The reference cost is stated so you can check the figure rather than take it on trust; the calculator uses whatever cost you enter.

The federal position

§25D, the 30% residential credit, expired for systems placed in service after 31 December 2025 — installed, not merely purchased. §48E did not expire on that schedule, and a company owning panels on your roof under a lease or PPA can still claim it. That asymmetry, not anything specific to Hawaii, is the largest single change in residential solar economics. The detail, with sources.

Rate schedules and export rules

What your surplus earns is set here, and it is where two identical systems a mile apart stop being comparable.

Hawaiian Electric — Residential R + Smart Renewable Export

The strongest evening export signal in America: 32.9¢/kWh for exports between 5 and 9pm on Oahu. Fixed charge $12.50/month. Summer Flat $0.42. Winter Flat $0.41.
Exports: time-varying export credit — about 32.9¢/kWh in the 5–9pm window, 13.5¢ midday, under Smart Renewable Export.
Source: Hawaiian Electric Smart Renewable Energy Export, Oahu block rates

Production in Hawaii

CitykWh per kW / year7 kW system
Honolulu, HI1,54210,792

Policy changes affecting Hawaii

Work out your own number

Credits are the easy part. What decides payback is how much of your own production you use versus export, hour by hour, against the schedules above.

Open the payback calculator

Other states