Is Solar Worth It in Maui, HI? (2026 Analysis)

Detailed solar ROI analysis for Maui, Hawaii. With 5.5 peak sun hours and electricity at $0.36/kWh, here is what you can expect from going solar.

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$99,878 20-Year Savings
1 yrs Break-Even Timeline
$1,300 Net Cost After Incentives
5.5 hrs Peak Sun Hours/Day
$0.36/kWh Electricity Rate (increasing)
164,637 Population

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20-Year Solar Savings Projection for Maui

This projection is based on a 7 kW system with 5.5 peak sun hours and $0.36/kWh electricity rate.

PeriodCumulative SavingsNet PositionStatus
Year 1$5,059$3,759Profitable
Year 2$10,118$8,818Profitable
Year 3$15,177$13,877Profitable
Year 4$20,236$18,936Profitable
Year 5$25,295$23,995Profitable
Year 7$35,413$34,113Profitable
Year 9$45,531$44,231Profitable
Year 11$55,649$54,349Profitable
Year 16$80,944$79,644Profitable
Year 20$101,180$99,880Profitable

Estimates assume stable electricity rates. Actual savings may increase as rates rise.

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Solar Investment Breakdown for Maui

Gross System Cost 18000
Federal Tax Credit (30%) 5400
State Incentives 11300
Net Cost 1300
Annual Savings 5059

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Local Solar Incentives in Maui

Local Programs: Federal ITC plus applicable state and local incentives

Electricity Trend: Rates in Maui are currently increasing. Solar locks in your energy costs and provides a hedge against future rate increases.

State Incentives: Hawaii offers a 35% state tax credit, a $5,000 rebate, net metering (transitioning). See all Hawaii incentives.

Financing Options for Maui Homeowners

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CashBest ROI. Own immediately.
LoanOwn system + tax credits.
Lease/PPA$0 down. Lower savings.

Best Solar Providers in Maui

ProviderTypeHighlightRatingAction
EnergySageMarketplaceCompare Maui installers4.8/5Get Quotes
SunrunInstaller$0 down solar in HI4.5/5View Plans
SunPowerPremiumHighest efficiency panels4.6/5Get Quote

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Frequently Asked Questions

Yes. With 5.5 average peak sun hours per day and electricity rates at $0.36/kWh (increasing trend), solar is a strong investment in Maui. The estimated 20-year savings is $99,878 with a break-even period of approximately 1 years.
The average solar installation in the Maui area costs approximately $18,000 for a 7 kW system before incentives. After the 30% federal tax credit and state incentives, the net cost drops to approximately $1,300.
Federal ITC plus applicable state and local incentives The 30% federal Investment Tax Credit (ITC) is available to all Maui homeowners. Check your specific state and utility for additional programs.
A typical home in Maui uses a 7 kW system (approximately 18 panels). This produces roughly 14,053 kWh per year based on 5.5 peak sun hours per day.
Electricity rates in Maui are currently increasing. The current average rate is $0.36/kWh. Solar locks in your energy costs and protects against future rate increases.

SolarSavingsAI Research Team

Solar Energy Analysts

Our team analyzes solar incentive data from federal (DOE, IRS), state (DSIRE), and utility sources to provide accurate savings estimates. Data is reviewed quarterly and cross-referenced with NREL benchmarks.

Sources: DOE, IRS, DSIRE, NREL, EIA Updated: 2026 Full Methodology Editorial Standards

Your Local Utilities in Hawaii

Review net metering policies and solar programs from utilities serving Maui.

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