FAQs (Frequently Asked Questions) for the Industry Experts at Hi-Power Solar

 

Lease Solar vs Buy Solar

POSTED BY ON 9:36 PM IN ASK AN EXPERT | 0 COMMENTS

Should you buy your solar system or use a lease/PPA? The decision about how to pay for your solar PV system depends on your particular goals. Because everyone’s goals are different, the “right” payment option is different for each individual.    Below are highlighted the key differences between a leasing /PPA option and purchasing your system outright. One thing to keep in mind is that leasing or PPA functions more like “renting” the system rather than “owning” the…  read more

Do Solar Attic Fans Qualify for Tax Credits?

POSTED BY ON 12:46 PM IN ASK AN EXPERT, SOLAR TAX CREDITS | 0 COMMENTS

Do Solar Attic Fans Qualify for Tax Credits?   YES Both the Purchase Price and Installation Cost of a Solar Attic Fan qualify for a 30% Federal Tax Credit. The credit applies to equipment placed in service between January 1, 2009 and December 31, 2016.  Both the Purchase Price and Installation cost qualify for a 35% State Tax Credit.  The State of Hawaii Credit is updated on a year to year basis.  Please check with your Tax Advisor for details. Check the Tax Incentives Page for Additional Information and Form…  read more

Off Grid Solar Backup Systems

POSTED BY ON 10:53 PM IN ASK AN EXPERT | 0 COMMENTS

Off Grid Solar – Battery Back‐up Solar Options If you are thinking about installing solar, you may be in for a surprise!  On September 6, 2013, HECO announced their policy changes on the NEM agreement process. In the past, customers could put solar on their roof prior to getting approval from HECO regardless of their area or grid saturation. Since the new changes, customers now have to get prior approval from HECO to install solar before they can move forward with the installation. This sudden and drastic change has put a dramatic halt on all solar installations on the island on O’ahu. Hawai’i was the leading state in the US in regards to solar installation. In fact, in the American Scientific article the sub‐line states, “Photovoltaic proved so successful in Hawaii that the local utility, HECO, has instituted policies to block further expansion.” Since this policy change, companies and customers alike have looked for other means and ways of installing solar without having to go through HECO.  A not so new but growing technology that has been up and coming is off grid battery backup for solar systems. The off‐grid battery backup system runs much like a generator. The energy that the solar panels produce gets stored into the battery system. During the evening throughout the night the stored energy then gets used as electricity. In other words, instead of having to rely on HECO to supply your electricity, you are producing your own electricity and store any excess for future use. There are controversies on whether or not customers would still need prior approval from HECO. Technically, since the energy produced from the solar panel are NOT feeding back into the HECO grid but is rather being stored in the battery backup system, HECO has no involvement in the production on your electricity. To learn more about the Off Grid Battery Backup Solar System, please feel free to call or email…  read more

Can my electric bill go down to zero?

POSTED BY ON 10:22 PM IN ASK AN EXPERT | 0 COMMENTS

“Can my electric bill go down to zero?”   Yes we can customize a system that will zero out your bill. You will still pay a connection fee to HECO that ranges from $14 to $20 a month. This fee allows you to be tied to HECO’s grid. Most clients want to zero out their bill and others just want to offset the bill. For example, a customer who has a $200 bill might want to offset their bill $100 so they may install 10 panels. (Savings depends on what sun zone you’re in and how efficient your panels may be.) Contact us and let us help get you…  read more

Solar Water Heater Savings

POSTED BY ON 9:37 PM IN ASK AN EXPERT | 0 COMMENTS

How much can a solar water heater system save me on my electric bill? Hi-Power Solar is one of the few solar contractors in Hawaii that still offers Solar Water Heater systems.  A  Hotwater solar can save a you about 25% off your electric bill or more. This breaks down to $15-$20 dollars minimum per person.  Give us a call or request a Free Quote.  You will be pleasantly surprised to see how much you can save and how soon you can get Solar Hot Water Systems installed! Sample Cost Savings for Solar Water Heating* * Estimated Savings based on the average cost and tax rebates – subject to change.   Get a better understanding of how a Solar Hot Water Heating System works – please watch this video: CLICK to Learn More About Solar Hot Water…  read more

What is Grid Saturation?

POSTED BY ON 10:06 PM IN ASK AN EXPERT | 0 COMMENTS

What does Grid Saturation Mean? Grid Saturation is a measurement/ study that is done by HECO in which they study/ determine the amount of electrical load created by alternative energy that goes back to grid. This can be reviewed by the Location Value Map that HECO present on the website. The map will show what areas are tied up and which areas are ok to install. The area that usually approved quickly are 25%-75% grid saturated this also means that they do not need any study or upgrades. The grid saturated areas that are 75%-100% means that the grid maybe full and that you may be charged an upgrade fee to interconnect. Call Hi-Power Solar and let us simplify the process for…  read more