Hot water heated by the sun is considered an appropriate technology for Hawaii. Electric water heating is one of the largest contributors to high electricity bills. Solar heating can accomodate about 90% of hot water needs throughout the year. With the benefits of State and Federal tax credits, the average payback is roughly 3 - 4 years and the average system lasts about 20 years.
Benefits of Solar Water Heating
- Save anywhere from $700 - $1200 a year
- Support clean energy
- Add value to your home
- State and Federal tax credits available
- 35% State tax credit ($2250 max)
- 30% Federal tax credit (no cap)