Frequently Asked Questions

May 2, 2010

What is the deal with government incentives?
The Federal and State Solar Investment Tax Credits just got WAY better. Now if you are own a home you pay as little as 50% of the cost of your system. If you own a business you pay even less, as little as 15% of the cost of a solar system.* For more details see our detailed explanation of government incentives.

What if you can’t use the tax credits?
Retired, lost your job, or had major losses in the stock market and can’t use the solar tax credits? No problem. In July both the State and Fed incentives were initiated just for you. If you own a business you can take the 30% Fed incentive as a check in the mail (Grant) within 60 days of installing your system. The State, regardless of whether you install a system on your home or business will give you a 24.5% rebate check!

Is solar technology ready for mainstream?
Technological advances have significantly improved the quality and efficiency of solar electric equipment. There are no moving parts to wear out. Prices have never been lower and manufacture warranties ensure that your system will last at least 20 years!

Is solar a good investment?
Last year on Kauai we were paying almost $0.50 per kilowatt. Electricity rates are on the rise again. However, even at current rates the money you will save on electricity will likely provide you a double digit return on your money for 20 years or more! Call us for a free solar investment evaluation.

Is solar good for the environment?
You betcha! On Kauai 92% of our electricity is generated from fossil fuel (diesel). The average household switching to PV power saves burning over 9 barrels of oil per year. This saves over 4 metric tons of green house gas put into the atmosphere each year!

*Subject to factors such as cost of finance and tax rate of system owner.

Comments

• Rule of Thumb - A homeowner investment of $10,000 after incentive cost saves $100 per month on utility bill. Rule of Thumb - A business investment of $10,000 after incentive cost saves $250 per month on utility bill! Rule of Thumb - Homeowners get 12-18% return on their investment! Rule of Thumb - Business owners get over 40% return on their investment!