Find out how much you can save by going solar in the Aloha State

Want to lead Hawaii's transition to solar energy?

As the southern-most state in the U.S., Hawaii is home to some of the best sun in the country. But this isn't the only reason going solar makes sense - the state also boasts some of the best financial incentives for solar ownership.

First and foremost, Hawaiians are eligible for the Federal Investment Tax Credit (ITC). This means that you can realize substantial savings through solar ownership by deducting 26% of your system's price tag from what you owe Uncle Sam. In addition, Hawaii offers a 35% state tax credit that can be applied to your tax liability at the state level. If that's not enough to make you hula-hoop around, going solar will also help you get away from high-priced utility power and put even more money back into your pocket.

Over the past few years there has been a solar eruption across Hawaii, and you will be hard pressed to find a better time to go solar in the Aloha State. Soon enough you will be throwing luaus with all of the savings from your Dividend Finance loan!

Home Solar in Hawaii Is More Affordable than Ever Before

  • Federal Tax credit may be available
  • 35% State Tax Credit
  • Sell Your Extra Production with Net Metering

What Our Hawaii Solar Customers Are Saying

I'm very satisfied that I went solar and I would recommend Dividend to my friends.Wade | Kihei, HI

Super customer service. They had all information available when asked. I really recommend Dividend Solar for a loan as they’re really easy to work with.Derek | Kahului, HI

How Going Solar in Hawaii Works

Step 1: Sign up online
Step 2: Talk to a solar specialist
Step 3: Check out your custom design
Step 4: Relax during installation
Step 5: Watch your savings grow


The potential savings from going solar in Hawaii are very real. Aside from saving money on your monthly electric bill, there are other key incentives that help solar ownership in Hawaii make sense: 1) the 26% federal tax credit 2) the 35% state tax credit, and 3) net metering.

First, the federal government offers a 26% Incentive Tax Credit (ITC) which is available in all 50 states*. This credit, which is equal to 26% of your system cost, is applied to the federal taxes you owe each year, thereby lowering the net cost of your solar system. The ITC is a great benefit of going solar: money that you would otherwise pay in taxes can now be used to own your solar system sooner. It is important to note that you can only reap the benefits of the federal ITC if you own your system directly - it is not available to homeowners who opt for a third-party ownership model, such as a Solar Lease or Power Purchase Agreement. With the Dividend Finance EmpowerLoan, you own your system and you get all of the economic benefits of going solar in Hawaii.

Secondly, Hawaii's solar tax credit covers 35% of the system and can be used as a credit on your state tax payments.

Finally, like many other states, Hawaii utilities have Net Metering policies which allow homeowners to be credited for extra energy fed back to the power grid. If designed optimally, a homeowner can expect to offset 100% of their current electricity use while also having some left over to sell back to the grid. Please note that in some areas of Hawaii (e.g., Kauai), utilities have adjusted net metering policies that have reduced the benefit of selling power back to the grid.

*Dividend Finance does not provide tax or legal advice. Please consult your tax advisor for more information.

Your utility bill can drop significantly when you begin to generate your own power with a solar system. How much you can save will depend on the size of your system, your electricity usage, your current utility rates, and other factors, but one thing is for certain: Dividend Finance can help you go solar for Dividend Finance will not finance a solar project unless it will save you money down today. Our team and partners can design a system for you using some of the industry's most accurate remote assessment and design tools and can present you with a system customized specifically for your home to give you a sense of your expected solar savings.

Working with the best solar installers in Hawaii, Dividend Finance offers our customers a better, simpler way to go solar and save money on your utility bills.

Need more information about going solar in Hawaii?

Tax credits, rebates and incentives may vary depending on circumstances. We do not provide tax advice and recommend you consult with your tax advisor for guidance.