Rising Sun Solar Electric
|Types Of Energy Installed||Solar Electric PV|
|Market||Residential Properties, Commercial Properties|
Electricity rates in Hawai‘i fluctuate radically based on unstable oil costs. In 2008, the average residential rate for Maui residents was 0.36 cents per kilowatt (kW) hour, compared to 22.5 cents in 2005. (learn more about electrical rates)
How much will it cost? The cost of a solar system is contingent on the energy demand of your home. Today, the average cost of a home system will range between $14,000 and $30,000. In most cases, if it is financed in a mortgage, the monthly payment for the cost of a solar system will be far less than what you would have paid for your monthly electric bill. In addition, federal and state tax incentives and rebates often pay for more than half of the cost of the solar system. On average, most homeowners recover the cost of their solar system cost within 6 to 8 years, proving that this is one investment that is safe, reliable and inflation adjusted.