Hawaii is known for its extensive adoption of solar, and Hilo is no exception. From solar energy rebates to tax credits, its residents benefit significantly from this transformation.
So, what’s next if you want to grab the opportunity to install solar offers for Hilo residents? Who wouldn’t want to save some money and save it or use it for other things?
Nevertheless, getting facts right makes it easy to have a successful project. That’s why we will discuss solar in Hilo, Hawaii, so keep reading.
Why Should You Go Solar in Hilo, Hawaii
Interestingly, Hilo residents and those in Hawaii have various reasons to consider going solar. They include the following;
Installation Costs Are Relatively Low
The high upfront cost is one of the most discouraging aspects of installing solar. It has compromised the accessibility of this advantageous renewable energy source for far too long.
However, Hawaii residents fail to understand that the ground has already shifted. It is no longer as expensive as it used to be to install solar in Hilo.
Thanks to the incentives by state and federal countries, solar is now more accessible than before. It is this accessibility that has seen the competition in this industry snowball.
That’s the beauty of such a marketplace. Installing solar panels in Hilo, Hawaii, has become relatively cheap, thus making it affordable to more people.
It is a Great Return on Investment
Despite the high installation cost, the long-term benefits of solar panels make it worth every penny. It will reduce your utility bills, not forgetting that an efficient system is enough to eliminate energy.
Consequently, you save a considerable amount of money you would have spent paying energy bills. It is also worth mentioning that solar panel installation also increases one’s home value.
Other Financial Benefits
Local, state, and federal administrations in Hilo, Hawaii, won’t hesitate to award the residents for going green. For example, those who install new solar systems enjoy tax credits.
On the other hand, utility companies are also willing to pay you for the extra power your solar system produces. Upon connecting your solar system to the national grid, you receive money for feeding it.
Given the adverse effects of unrenewable energy sources, everyone must consider other alternatives for the environment’s sake. Otherwise, overreliance on natural gas and fossil fuels will continue, thus increasing the carbon footprint.
An excellent example of a great renewable source of energy is solar. So, Hilo, Hawaii residents should adopt it to enjoy these environmental benefits.
It reduces pollution, including noise and emissions. After all, it draws its energy from the natural sun.
Is it Worth Installing Solar in Hilo, Hawaii?
Given the above benefits one reaps upon installing solar, one can say without any fear of contradiction that installing a solar system in Hilo is worthy of your hard-earned money. There is much to gain from going green, from income tax credits to government incentives.
Its environmental friendliness also means dealing with menaces such as climate change is unnecessary. It is no secret how expensive it is to deal with its aftermath.
Equally important, your energy bills will reduce or disappear when you shift to solar. Lastly, there is convenience since there is no worrying about power outages common with national grids.
How Much Does Solar System Cost in Hilo, Hawaii
If you plan to go solar in Hilo, Hawaii, you can’t help but wonder about the budget enough for the project. Various factors determine the cost you will incur installing the system.
The most common one is the size of the solar system. It varies from one household to another since needs differ from one home to another.
The more power you need, the higher the chances of investing money in your solar system. However, it isn’t necessary because you can install a system to complement instead of replace the national grid.
On average, a solar system that provides a watt of energy costs around $2.45. You can use this figure to calculate the money you need based on your requirements.
The total average solar system installation cost is usually around $19,250. Another factor that commonly affects the cost is your solar panel’s brand.
The company installing the system also matters.
Do You Need a Permit to Install Solar in Hilo, Hawaii?
No, so there’s no need to worry about acquiring it once you install a solar power system. That’s especially true if you are a homeowner since such projects hardly exceed 50 kilowatts.
Nevertheless, you will need a permit for a solar power system producing more than 50 kilowatts. The special permit is readily available at the Hawaii Energy Office.
Why is Electricity Cost High in Hawaii?
Hawaii residents can attest that they pay expensively for electricity. It is higher than what the residents of the U.S. mainland pay.
One of the contributing factors is geographical location. This alienation has seen Hawaii invest heavily to provide power to its residents reliably.
After all, the state doesn’t have a neighboring utility company to rely on if a problem arises. Therefore, it has several distribution routes and reserve generating capacity to enhance reliability.
There is also the cost of fuel that keeps fluctuating. There is a need to import oil needed to power the generator in the different islands.
Electricity costs differ from one division to another. The same applies to the various customer types, which include the following;
- S., which stands for Large Power Use Business, Directly Served
- F which stands for Street and Park Lighting
- G, which stands for Small Power Use Business
- J, which stands for Medium Power Use Business
- P which stands for Large Power Use Business
- R which stands for Residential
Why is Solar Power Adoption Increasing in Hawaii
Hawaii has several reasons to adopt solar power. First, there is expensive electricity since the state imports coal and petroleum to produce it at a high cost.
Can you imagine that Hawaii pays up to three- or four times what the U.S. mainland pays to import energy resources? Consequently, the electricity cost goes high to compensate for such expenses.
The state also has excellent solar resources readily accessible and easy to exploit. Lastly, it offers high capital rates for solar power.