TAKE BACK YOUR POWUR

Powur delivers home energy solutions that save you money and lower your carbon footprint. Powur is your solution to low cost, clean, reliable energy that your family can depend on. What will you do with the results? It’s a simple process.

Benefit from Solar Incentives.

With the extension of the Federal Tax Credit and Hawaii state incentives, there’s never been a more opportune time to embrace solar energy in the Aloha State. According to Zillow, homes equipped with solar systems are valued at 4% more than those without. Hawaii isn’t just great for the beach — it’s perfect for significant savings on energy. The time to harness the powur of the sun and save is now.

Federal Tax Credit

The solar investment tax credit (ITC) is a dollar-for-dollar reduction in the income taxes that a person claiming the credit would otherwise pay the federal government. The federal ITC is based on 30% of the homeowner’s cost to install solar. On leased systems, the lender collects this incentive and passes the savings on to the homeowner. Don’t wait, prices for solar equipment are on the rise!
Solar ITC Step Down Graph

Example:

Total System Cost = $50,000
The ITC (Federal Income Tax Credit) = $15,000 ($50,000 x 0.30 = $15,000).

Any amount the homeowner owes to the IRS for income taxes would be reduced by $15,000 for Tax Years 2023-2032.

*We, at Powur HI Solar, are not licensed tax professionals; please consult with your CPA or licensed tax professional. The information provided within is to serve as an illustrative guide and is from publicly available sources.

The Hawaii Energy Tax Credit allows owners of single-family homes to claim a State income tax credit up to 35% of the actual cost of the system or $5,000, whichever is less.

Each system is defined as 5 kilowatts (kW); therefore, a 10kW would be eligible for up to $10,000 in Hawaii State Tax Credits. The system must be fully installed and “operational” by 12/31/2023 to claim for the 2023 tax year.

Learn More About Incentives

*We, at Powur HI Solar, are not licensed tax professionals, please consult with your CPA or licensed tax professional.  The information provided within is to serve as an illustrative guide and is from publicly available sources.

Hawaiian Electric will pay a cash incentive for customers on Oahu to add energy storage (a battery) to an existing or new rooftop solar system. This one-time incentive is positioned to add more renewable resources to the grid in the short-term since the AES coal-fired plant was retired in September 2022.

Putting a solar energy system on your home is like giving it a big upgrade. It can make your property worth more, which could help you sell your home quicker and at a higher price than homes without solar. Plus, your investment in clean, efficient solar power can also give you some tax benefits. When you sell your home, the money you put into the solar system can be subtracted from the sales price, which could reduce the amount of profit you attained. This might even help you dodge some capital gains taxes on the increase in your home’s value.

$0 Down Solar Financing

We’ve got you covered from start to finish. Once you place your order, we’ll use aerial images of your home to design your system. We’ll handle all the permits and set up the installation date. After everything is set up, we’ll arrange an inspection with the City & County and talk to the utility company to get the green light. You can sit back and relax while we do all the heavy lifting.

Definition

If a homeowner wants to pay in Cash, means the full payment of the invoice must be by delivery of cash, money order, certified check, or a cashier’s or similar bank officer’s check.

Benefits

  • The single most economical way to go solar is a cash purchase.
  • It’s paid for upfront. That means the homeowner will typically spend less money overall factoring in interest payments and any potential loan fees. And there’s no monthly payment or interest.
  • There are no costs or financing fees and the homeowner does not have to worry about running credit.
  • They will own the system outright.
  • While every home and every market is different, the average timeframe for a customer to get a return on their investment for a cash purchase is 5-7 years.
  • The homeowner gets both federal tax credits and state incentives.

Definition

A loan is a financing option where the homeowner is able to borrow from a financial institution to manage the payment for their solar system. The homeowner owns the asset but is required to pay back the financial institution at an agreed upon rate with interest. (Often lower than what they pay monthly for their utility bill!) Our interest rates vary from 0.00% to 7.99%.

Benefits

  • With a loan, the homeowner still owns their solar system and produces their own energy
  • Oftentimes, a loan option will save the homeowner money on their monthly energy costs.
  • The homeowner gets both federal tax credits and state incentives.

Definition

A lease is a contract outlining the terms under which one party agrees to rent an asset owned by another party.

Benefits

  • Leasing solar panels makes the switch to solar energy more attainable for customers who may not have the cash reserves required for the upfront investment in solar panels.
  • A lease may be a better option if the homeowner has no tax liability and can’t benefit from the tax incentives.

Things to consider

  • However, unlike buying solar panels, or using a payment plan toward the purchase of solar panels, leasing solar panels means you do not own them. Rather, a third party owns the equipment and controls the buy-back rate.
  • The homeowner does not earn either federal tax credits or state incentives.
Powur Residential Installation

The Powur Is Yours

As pioneers in advanced technology, we’re committed to providing the best value in the market, offering a diverse range of products and services tailored to your unique needs. We believe in treating our customers like friends and family, because to us, you are. Our commitment extends beyond the sale, with open and honest communication throughout your installation process and dedicated support thereafter. At Powur, we’re not just selling products, we’re inviting you to join a community committed to creating a cleaner planet.

Powur residential solar installations.
FranklinWH Storage Solutions

Power Backup Solutions Create Peace Of Mind

When you incorporate battery storage into your solar energy system, you can enjoy uninterrupted power supply in any condition. Whether it’s inclement weather, power outages, or unexpected disruptions, you can have peace of mind knowing that you won’t be left in the dark. With our storage solutions, achieving energy independence is within your reach. You have the ability to determine how much energy is stored and when it’s utilized, enabling you to keep your essential devices and lights running as necessary.

Cash Incentive to Add Energy Storage to an Existing or New Rooftop Solar System

Hawaiian Electric will pay a cash incentive and provide bill credits for customers on Oahu and Maui to add energy storage (a battery) to an existing or new rooftop solar system. These perks will help move Hawaii toward its goal of 100% clean energy by 2045 and add more renewable resources to the grid as Hawaiian Electric retires generators fired by fossil fuels. Ask us how!

HECO BATTERY REBATE PROGRAM

Take Control Of Your Energy Costs.

Don’t be a slave to the meter. Learn how you can swap your ever-increasing utility bill with a solar power system for absolutely zero down.

Get started by using our FREE Solar + Storage + EV calculator and find out if solar is right for your home. It’s time to take back your power and secure your family’s future!