How to figure applicable Hawai'i and Fed incentives for PV system

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  • voyager
    Member
    • Feb 2014
    • 34

    How to figure applicable Hawai'i and Fed incentives for PV system

    This probably should have been done earlier in the game.
    But, they have begun the installation of a new PV system on our pre-existing home.

    Through the pre-buying stages we kept hearing, from several sources, that Hawai'i had a 35%/$5,000 maximum incentive.
    While the Federal incentive was 30% with no maximum.

    We are both retired.
    My income is SoSec only and just under the no tax limit.
    She has a Federal taxable pension and will be starting her SoSec in about 2 years.
    Then, she has a small amount of capital gains on some mutual funds.

    She will continue to be paying a relatively small amount of federal income tax.

    It seems that Hawai'i allows for the incentive to be taken when retirement income is not taxed and/or state taxes are too low to be effectively recouped.

    Does the federal incentive have similar provisions?
  • russ
    Solar Fanatic
    • Jul 2009
    • 10360

    #2
    Take a look here http://www.dsireusa.org/
    [SIGPIC][/SIGPIC]

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