Researching Photovoltaic in Hawaii

I’m on the solar bandwagon after hearing about its benefits from Wayne’s World. Getting a photovoltaic system for your home is a win-win scenario right now with the available (and generous) tax credits. In turn, you can curb or even “eliminate” your HECO electricity bill with power produced from the sun. Too good to be true? We’ll see!

What is Photovoltaic?

First a little background on photovoltaic systems. While I knew about solar as home water heaters, I hadn’t known about solar and PV systems to generate electricity for your home. Basically, solar panels are installed on your roof, take the sun’s energy, and converts it to electricity for your home. Depending on the quantity and efficiency of the PV solar panels, you can offset your monthly HECO electricity bill or (almost) eliminate the bill altogether (HECO always has a basic charge of $18 per month). The number of solar panels depends on your electricity usage, how aggressively you want to address your bill, and the type of panels themselves and could range from 8-24+ panels for a single family home.

The Sticker Shock of PV Costs

Yes, a PV system is very expensive up front. There’s definitely a sticker shock. But after state and federal tax credits, the net cost of what you actually pay is reasonable. Currently, installing a home PV system makes you eligible for tax credits covering about 60-66% of the overall PV system cost! So a $30,000 PV system could end up costing roughly $10,000 when all’s said and done (I make no promises with tax laws). A PV system could pay for itself in 6-8 years and from that point on, you could be making money with your electricity bill savings.

Finding PV Installers

Trying to find out about photovoltaic systems installers in Hawaii isn’t the easiest thing to do online. A quick Google search lists various vendors and several renewable energy articles but not much about people’s experiences with these companies. I’ll be blogging some of my experiences to fix that. 😉

So how did I find PV companies? Through scientific research, careful analysis, and umm, asking around. WW went with Sunetric and had a great experience. Another coworker recommended Alternate Energy, and lastly I saw a bunch of signs and flags for RevoluSun.

But you gotta stay tuned for more upcoming PV posts…