PV systems are sized by two different ways. 1. Your budget 2. Available roof area. We can custom design any size system that fits your needs. We handle all permits, installation and sub metering agreement with HECO. Which ever system you choose I believe I can get you the best price. I take care of everything including city and county permits, net metering agreement with HECO, Inspections, rebate forms and tax forms etc. For photovoltaic systems, the maximum allowable state credits are as follows:
Tax Credits for Solar Photovoltaics and Water Heating Systems Federal tax credits are available for residential and commercial solar energy systems placed in service between January 1, 2006 and December 31, 2008. Residential Tax Credits – For solar water heaters and solar electric (PV) systems, the tax credit is 30% of the equipment and installation cost, with a maximum tax credit of $2,000. Commercial Tax Credits – For solar water heaters, solar electric (PV) systems, and solar hybrid lighting, the tax credit is 30% of the equipment and installation cost, with no maximum limit. With tax credits after 5-6 years the electrical saving with solar panels will pay themselves off and after that period it is free electricity. Federal and State tax credits can be up to 65%, which makes this investment viable. Plus the cost of a solar system can be depreciated in 5 years.
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