Solar Panels Cost 2.7k-13k in Ewa Gentry CDP, HI | October, 2024

Solar Panels Cost $2.7k-$13k in Ewa Gentry CDP, HI | October, 2024

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How much do solar panels cost in Ewa Gentry CDP, HI in 2024?

To get solar installed in October, 2024 in Ewa Gentry CDP, HI averages out to $3.95/W.

You should expect the price to be $3,950, on average, for every 1 kW (or 1000 watts) of solar energy your solar system will need to produce. In Ewa Gentry CDP, you can expect to spend about $13,825 for a 5 kW solar panel install once the 30% federal income tax credit is factored in. However, please keep in mind that a higher capacity system might be needed to satisfy your energy needs.

On the left-hand side, pick your county to access information on the typical roof size and the average maximum capacity for residential solar on homes within your area. You can review the price, payback period, and 20-year average savings for a 5 kW system installed in your county below.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Ewa Gentry CDP: $13,825US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Ewa Gentry CDP: 6 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Ewa Gentry CDP: $29,152US Average: $15,784

Solar Potential in Ewa Gentry CDP

Estimated system size and solar electricity production per median viable roof in
Ewa Gentry CDP.

Roof size 1,162sq. ft.
Capacity 16.25kW DC
Electricity 24.1kkWh AC per yr.

Electricity Costs in Ewa Gentry CDP, HI & What that Means for Your Solar Panel Pricing

With an average consumption of 461 kWh per month, Ewa Gentry CDP households pay about $203.76 for electricity. Small living spaces, such as condos and cottages, are also included in the data cited in the previous sentence.

Ewa Gentry CDP, HI's electricity rate is on average 44.19¢ per kWh in October 2024.

To meet all of the energy needs of an average consumer in Ewa Gentry CDP, a solar system of 4 kW or larger is required. At this time, a 4 kW solar panel system will cost you approximately $15,800, but the 30% federal income tax credit reduces the total to $11,060.

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Average solar panel costs by system size in Ewa Gentry CDP

On the left side below, there is the pricing details for various sizes of the solar panel systems set up in Ewa Gentry CDP. Naturally, with a larger solar system, you'll see a greater initial expense, but the rewards are higher electricity savings and more substantial income tax credits.

See a cost benefit analysis in the solar panel cost calculator below and to the right, for an average electric bill of $203.76 in Ewa Gentry CDP. To get tailored results, simply adjust the $203.76to match your average electricity bill amount.

System Size 1kW
Roof Size Min. space required
72 ft²
Electricity Value Annual Production $676 a year
Est. Price
$2,765
Savings from a 1kWthis system
  • Est. yearly production 1,535 kWh
  • Est. monthly savings $56
  • Full payback in 1 years
Environmental Impacts
  • Reduces CO2 emissions by 1.07 tons a year
  • Equivalent to planting 49 trees a year
  • Equivalent to driving 2,642 mi less a year
System Size 2kW
Roof Size Min. space required
143 ft²
Electricity Value Annual Production $1,351 a year
Est. Price
$5,530
Savings from a 2kWthis system
  • Est. yearly production 3,071 kWh
  • Est. monthly savings $113
  • Full payback in 2 years
Environmental Impacts
  • Reduces CO2 emissions by 2.13 tons a year
  • Equivalent to planting 98 trees a year
  • Equivalent to driving 5,283 mi less a year
System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $2,027 a year
Est. Price
$8,295
Savings from a 3kWthis system
  • Est. yearly production 4,606 kWh
  • Est. monthly savings $169
  • Full payback in 3 years
Environmental Impacts
  • Reduces CO2 emissions by 3.2 tons a year
  • Equivalent to planting 147 trees a year
  • Equivalent to driving 7,925 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $2,702 a year
Est. Price
$11,060
Savings from a 4kWthis system
  • Est. yearly production 6,141 kWh
  • Est. monthly savings $204
  • Full payback in 5 years
Environmental Impacts
  • Reduces CO2 emissions by 3.87 tons a year
  • Equivalent to planting 178 trees a year
  • Equivalent to driving 9,572 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $3,378 a year
Est. Price
$13,825
Savings from a 5kWthis system
  • Est. yearly production 7,677 kWh
  • Est. monthly savings $204
  • Full payback in 6 years
Environmental Impacts
  • Reduces CO2 emissions by 3.87 tons a year
  • Equivalent to planting 178 trees a year
  • Equivalent to driving 9,572 mi less a year

Ewa Gentry CDP Solar Panel Installation Incentives & Rebates | 2024

Eligible rural small businesses and farms might have their photovoltaic or wind turbine installation costs covered by the REAP Grant, ranging from 80% to 100%. If you believe you might qualify, we suggest trying our REAP Grant eligibility tool to verify.

For those considering residential solar options, a 30% federal income tax credit is broadly available, increasing the appeal and practicality of solar energy in many areas across the nation. Additionally, there are numerous state and local incentives to further promote the adoption of solar energy.

A total of 15 solar rebates and incentives are available in Hawaii through various utility companies and government departments.

Solar incentives in HI

Solar and Wind Energy Credit (Personal)

Value:Up to $2,250

Beginning in the 1976 tax year, Hawaii businesses have been entitled to income tax credits on new renewable energy devices. The exact rates and amounts of exemptions vary depending on property classification and the specific type of energy system being installed. In each classification, "hard maximums" apply based on the retail price of the system. Amendments to the tax code have since allowed for credit amounts to be paid out as refunds or used toward income liability for the appropriate tax year. Additional information is available on the Hawaii Department of Taxation website.

Solar Water Heater Rebate

Value:Up to $500

Residential customers of the Hawaiian Electric Company, Maui Electric Company, or Hawaii Electric Light Company may be entitled to a one-time rebate to install or replace a solar water heater. Two rebate options, flat rates of $500 or $750, are available depending on the cost of the system. Either rebate will be paid to the solar contractor installing the water heater, meaning it will appear to the customer as a bill credit. Qualifying systems should satisfy all state standards for solar water heating and pass a final inspection from the utility. The program is available on the islands of Oahu, Maui, Hawaii, Molokai, and Lanai. Additional information is available from the HEC website.

Solar and Wind Energy Credit (Corporate)

Value:Up to $2,250

Beginning in the 1976 tax year, Hawaii residents have been entitled to income tax credits on new renewable energy devices. The exact rates and amounts of exemptions vary depending on property classification and the specific type of energy system being installed. In each classification, "hard maximums" apply based on the retail price of the system. Amendments to the tax code have since allowed for credit amounts to be paid out as refunds or used toward income liability for the appropriate tax year. Additional information is available on the Hawaii Department of Taxation website.

Distributed Generation Tariffs

Value:Varies

Interconnected renewable energy and distributed generation customers throughout Hawaii may be compensated for using their system through either grid-supply or Smart Export tariffs (net metering was abolished in 2015.) Under grid-supply tariffs, customer-generators will be credited on their monthly bills for energy sent back to the grid. Unlike net metering, the utility has direct control over how much energy is returned; this is to protect the grid and standardize capacity as per requirements. Different islands have different rate schedules, and rates will vary from time to time. Smart Export tariffs apply to renewable energy systems containing a separate storage module. Excess generation from the system will be used to charge the battery during the daytime, and this energy will be returned to the grid at night. Like grid-supply programs, different islands have different rate schedules for this excess generation. "Community-based tariffs" may apply for microgrid subscribers. These programs function similarly to individual systems, but compensation will be distributed to all subscribers in the proper proportions.

GreenSun Hawaii

Value:Varies

GreenSun Hawaii is an established loss reserve funded by the 2009 federal stimulus package. A variety of lenders throughout the state may tap into the fund to secure loans for homeowners seeking to install new renewable energy devices or make energy efficiency improvements. By having their loans secured, lenders are incentivized to offer lower rates and more optimal terms. Eligible projects include solar PV/water heating/HVAC systems, windows, insulation/weatherization, and ENERGY STAR certified appliances. Interested homeowners should visit the program website to find their local GreenSun lender.

City and County of Honolulu - Solar Loan Program

Value:Varies

Low to moderate-income homeowners in Honolulu or greater Oahu may be eligible for specialized financing on new solar PV/water heating systems, including any necessary roofing work for a successful installation. Condominium owners may also be eligible contingent on approval from their association. Loans come at zero interest, but they may be secured by a mortgage lien if the principal exceeds $10,000. Application forms are available from the City/County of Honolulu website.

Renewables and Efficiency in State Facilities & Operations

Value:Varies

In 2006, Hawaii governor Linda Lingle established new renewable energy standards for state agencies to follow by signing HB 2175. The new law contained: • a minimum LEED Silver certification requirement for all new state buildings, • a solar water heating requirement for all new state buildings, • a requirement for agencies to implement common-sense water and energy saving operational measures, • an order for agencies to purchase only environmentally-friendly products, • and a directive for agencies to track emissions from vehicles. Compliance with the law is measured through annual reports addressed to the legislature.

KIUC - Solar Water Heating Rebate Program

Value:Varies

Energy Wise is a program for commercial customer-members of the Kauai Island Utility Cooperative. Through the program, property owners may receive free advisory services for their energy efficiency and renewable energy needs. A new initiative under Energy Wise awards new solar water heating installations with a $1000 rebate. Eligible systems may be brand new or replace an existing solar water heater over 15 years of age. Additional information is available from the KIUC website.

Feed-in-Tariff

Value:Varies

NOTE: This program is no longer accepting participants. Solar PV, wind, and hydro customers of HECO, MECO, and HELCO may be eligible for the state's feed-in tariff program. Under the program, utilities may sign 20-year contracts to obtain the excess generation from the system in exchange for a fixed rate. Rates vary depending on the method of generation, the rated capacity of the system, and the island on which the system is located. Additional information is available from the Hawaii Department of Energy website.

Solar Contractor Licensing

Value:Varies

The Hawaii Department of Commerce and Consumer Affairs is responsible for issuing contracting licenses in the state. A variety of specialized solar work licenses are available depending on an applicant's training and vocational experience. Solar contracting licenses include C-60 (solar power), C-61 (solar energy), C-61a (solar hot water), and C-61b (solar HVAC). Each license has a separate exam, but all require four years of experience. To install and professionally repair the full breadth of solar PV systems, contractors should pursue a C-13 electrical license, which includes all the privileges of a C-60 solar power license. Plumbing contractors with license C-37 may work with solar water heaters. General contractors have the privileges afforded by a C-61 license. Depending on the license a solar contractor holds, they may need to subcontract certain plumbing or electrical jobs if they do not have the required license. State law requires licensed electricians/plumbers to sign off on any new PV or solar water heater.

City and County of Honolulu - Real Property Tax Exemption for Alternative Energy Improvements

Value:Varies

Any private renewable energy system in Honolulu carries a 25-year local tax exemption by ordinance of the city council. Solar, wind, biomass, and hydroelectric systems qualify for an exemption, as do systems improving energy efficiency at fossil fuel plants. Geothermal and nuclear systems are not exempt. Additional information is available from the Real Property Assessment Division website.

KIUC - Solar Water Heating Loan Program

Value:Varies

Residential members of the Kauai Island Utility Cooperative may be eligible for specialized financing on solar water heaters. Funding may be used to install a new system or replace an existing one over 15 years of age. Loans are serviced by the Kauai Community Federal Credit Union. There is no interest or down payment (both are covered by the utility.) The maximum repayment period is 60 months. The application process involves standard credit checks and a pre-installation audit by KIUC to determine compliance with state standards. Additional information is available from the KIUC website.

Renewable Portfolio Standard

Value:Varies

Beginning in 2009, the Hawaii state government has established a legally binding renewable portfolio standard (RPS) for itself. Previously, RPS laws included provisions for both new renewable energy projects and energy efficiency improvements/offsets; however, only projects falling under the former category meet RPS requirements as of 2015. By 2030, at least 40% of all energy generated in Hawaii must be from renewable sources. 100% of Hawaii's energy should be renewable by 2045. Compliance is measured through a Renewable Energy Credit system and reports sent to the legislature every five years. Additional information is available from the Hawaii Department of Energy website.

Hawaii Energy

Value:Varies

The Hawaii Energy benefits fund supports new renewable energy and energy efficiency incentive programs throughout the state, including public investments toward RPS standards. The fund is supported by a surcharge on all customer utility bills, and its annual budget is determined by each utility's demand. Currently, funds support public bonds for new renewable farms and incentive programs overseen by utilities on five islands. Additional information is available on the fund's website.

Farm and Aquaculture Alternative Energy Loan

Value:Varies

Hawaiian farmers, including fish farmers, may be eligible for special financing from the state government to fund energy efficiency/renewable energy improvement projects. Loans have a maximum principal of 85% of the applicant's project costs up to $1.5 million. Interest rates vary between agriculture and aquacultural property, but they will range from 3 - 5% on unpaid principal only. Repayment periods may extend up to forty years. Loans are serviced by the state Department of Agriculture. The application process includes standard credit checks. Additional information is available from the DOA website.

Are solar panels worth it in Hawaii?

For those looking to stay in their home past the solar system's payback period, solar panels are a good investment in Ewa Gentry CDP. Installing a 5 kW solar system in Ewa Gentry CDP, HI will, on average, save you $35,077.4 over 20 years, and you can expect to break even in about 6 years.

The cost of not having solar panels in Ewa Gentry CDP, HI

Failing to install solar panels or an alternative backup energy means missing the savings mentioned earlier and being entirely reliant on your electric utility for electricity. The news has provided several examples highlighting that full reliance on your utility isn't always the best idea.

On average, customers in Hawaii have encountered 1.44 utility outages per year in recent times. Outages typically last for an average of 122.37 minutes. Major occurrences like overloaded power grids, wildfires or planned maintenance can lead to a significant rise in these time frames.

A solar panel system with (or without) a backup battery could ease the strain of future outages you experience.

Power Outages

Currently, 0 customers are being tracked in Honolulu County.

Learn more

Customers Out:

0

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What impacts the cost of solar panels in Ewa Gentry CDP, HI?

Your Energy Needs - Even though larger solar panel systems are more expensive initially, the average price per watt lowers as the system size increases. Setting up a solar panel system that can fully offset the electric bill is advantageous to individuals because of the reduced long-term costs.

Make & Model - Solar panels, similar to many other products, are available in a variety of makes and models. The contractor’s preference for brand makes it crucial to choose a recommended company. Consumers who choose better equipment usually enjoy a better long-term experience.

Solar Panel Type - It's no surprise that monocrystalline panels are now the standard in the industry. These panels have a higher cost but yield more energy. Most installers in the industry utilize panels made from this material.

Your Property - Trees, uneven landscapes, or other barriers can increase the difficulty of the installation. Nowadays, solar installers typically leverage satellite images to evaluate your home and incorporate these considerations into the preliminary cost estimate.

Labor Rates - Companies pay different wages to their employees, and these expenses are inevitably borne by the consumers. It is commonly observed that companies with higher wages garner superior reviews for their services and customer service.

Permitting & Interconnection - The cost of installation will be affected by different local permitting and utility interconnection fees. Quality local installers will integrate these numbers into your first quotes to prevent any surprises.

See what solar panels cost in other HI cities

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Who are the best solar installers in Ewa Gentry CDP?

Academy Energy Group

Newburgh, IN(812) 518-2150

Services

  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.
  • Monitoring of independent energy generation.
  • Auditing of energy requirements for independent energy generation.
  • Reparation of solar arrays.

OceanHead Solar & Electric

(808) 735-5745

Services

  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Reparation of solar arrays.

SunPower Corporation

San Jose, CA(800) 786-7693

Services

  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.
  • Monitoring of independent energy generation.
  • Installation of batteries for energy storage.
  • Reparation of solar arrays.
  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.

Energy Design

Eugene, OR(541) 485-8122

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Sunnova Energy

Houston, TX(866) 786-6682

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.

Sunrun

San Francisco, CA(833) 394-3384

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.
  • Monitoring of independent energy generation.

Renewable Energy Services (RES)

Honokaa CDP, HI(808) 775-7410

Services

  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.
  • Auditing of energy requirements for independent energy generation.
  • Installation of batteries for energy storage.
  • Reparation of solar arrays.
  • Installation of solar arrays.

Ewa Gentry CDP, HI Solar Panel Cost FAQs

  • In Ewa Gentry CDP, HI, the mean cost per watt for solar panels as recorded in October, 2024 is $3.95/W. After the federal tax credit, the estimated cost for a 5 kW solar panel system in Ewa Gentry CDP, HI is roughly $13,825.
  • As of now, there are 15 rebates and incentives offered by various utilities and government entities in Hawaii. Furthermore, the majority of people qualify for the 30% federal tax credit.
  • Paying in cash yields the highest savings, but there are multiple financing options available today for solar panels that are also cost-effective. Initial quotes from installers will frequently detail information about available financing options.
  • Yes, homeowners in Ewa Gentry CDP, HI generally see a payback time of 6 years for 5 kW solar panel systems, with electricity savings averaging $35,077.4 over a 20-year period.
Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2024-10-01