How affordable are solar installations on Maui?
It’s easy to assume that going solar is very expensive. But that isn’t the case. Over the last ten years, the number of solar manufacturers has increased leading to more competition. The outcome is lower prices and more quality solar panels. That means going solar isn’t as expensive as it was a few years ago.
If you’re interested in getting the best affordable solar installation on Maui, read on to find out how.
Available options of affordable solar installations on Maui
Here are the easiest methods of getting affordable solar installation on Maui:
Zero down payment
You can get the best affordable solar installation on Maui with zero down payment. Solar Panels Maui is offering zero down payment options for home and business owners on Maui. That means you can get affordable solar installation on Maui without any down payment. This is the easiest and most convenient method of going solar on the island.
Tax credits
Moderate-income earners on Maui are qualified for certain on-bill financing for their solar system. This is known as the Green Energy Money Saver Program (GEMS). This billing covers certain things including appliances such as home batteries and solar water heaters.
To be eligible for GEMS, you’re required to connect your solar systems to any of the following; Hawaiian Electric Light (HELCO), Hawaiian Electric (HECO), or Maui Electric (MECO).
As soon as you decide to go solar, you’re qualified for the federal government’s 26% solar tax credit. This tax credit is available for homeowners until December 31, 2022. With this tax credit, you’re sure of an affordable solar installation on Maui.
Another advantage of going solar is being eligible for the Renewable Energy Technologies Income Tax Credit (RETITC). This is a 35% Hawaii solar tax credit for residential solar systems on the island. Once you have a solar system installed in your home, you’ll be eligible for a $5,000 tax reduction.
Roof repair and replacement
One of the key concerns of many homeowners is how to go solar with a defective roof. If you have a weak or leaky roof, you may be concerned about its ability to hold solar panels. Repairing your roof and then going solar within a short period can become too expensive for some homeowners.
We have a solution though. At Solar Panels Maui, we are offering roof repairs and replacement and can wrap it along with the cost of a solar system in just one loan. You wouldn’t have to bother about being eligible for multiple loans or hiring roofing contractors. With this solution, affordable solar installation on Maui will be absolutely easy.
Contact us today
We offer free solar consultation to all customers and potential customers. You can reach out to us to find out how to get the most affordable solar installations on Maui. Contact us now to get started.