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    Home»Solar Energy»Family First Solar Helps Hawai’i Residents Take Advantage of State and Federal Tax Credits
    Solar Energy

    Family First Solar Helps Hawai’i Residents Take Advantage of State and Federal Tax Credits

    By January 17, 2023No Comments3 Mins Read
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    With long-term tax credit, and rising utility charges, Household First Photo voltaic helps extra individuals turn out to be power self-sufficient.

    KAPOLEI, HI / ACCESSWIRE / January 17, 2023 / With people, households, and companies persevering with to really feel the strain of inflation and rising gasoline costs, Household First Photo voltaic is giving Hawai’i residents a option to turn out to be power self-sustaining.

    Family First Solar, Tuesday, January 17, 2023, Press release image

    Household First Photo voltaic, Tuesday, January 17, 2023, Press launch picture

    Be taught extra about Household First Photo voltaic and its choices at www.familyfirstsolar.com.

    HECO, or Hawaiian Electrical Firm, has been elevating payments, with many residential customers commenting that their payments have doubled previously yr. However Oahu energy customers can anticipate one other charge improve come January 2023 if HECO’s proposed modifications are adopted.

    A current report from the native information shared that Hawaiian Electrical claimed that they didn’t revenue from the speed improve however solely needed to move the rise on their very own working prices.

    Nevertheless, for these involved in different choices, Household First Photo voltaic offers a method for residents to alternate their power invoice for a photo voltaic panel financing plan and lock of their power independence. partnered with native banks proper right here on the islands. Customers who personal their system absolutely profit from free or very low-cost power that lasts a lifetime.

    The proprietor of Household First Photo voltaic, Kevin Medeiros, makes certain Hawaii residents know concerning the federal and state tax credit accessible to assist offset the price of going photo voltaic. The federal tax credit score offers a dollar-for-dollar discount in taxes for 30% of the set up price. This share will lower over time, though the Photo voltaic Funding Tax Credit score (part of the Inflation Discount Act) will permit customers to benefit from the credit score longer than initially said.

    And on high of that, Hawai’i provides a 35% tax credit score. With these credit accessible for a short lived interval and power invoice will increase a present actuality, increasingly more Hawaii residents are turning to photo voltaic to economize and to cut back their environmental footprint. Medeiros defined,

    “A few of our opponents solely provide cookie-cutter photo voltaic methods, typically leaving householders paying two payments, one to the electrical firm and one to the finance firm. Our customise all of our options based mostly on a home-owner’s precise utilization, so we will create options that can knock out that utility invoice. That method, they’re solely paying one fastened invoice.”

    About Household First Photo voltaic

    Household First Photo voltaic is a regionally owned photo voltaic knowledgeable in Hawai’i. A entrance runner within the business, they’ve been putting in photo voltaic panels and different photo voltaic options on the islands for many years, with over 2,500 installations up to now. Their objective is to assist individuals get monetary savings and turn out to be self-sufficient.

    Media Contact

    Kevin Medeiros
    familyfirstsolar@gmail.com
    808-724-4072
    590 Farrington Hwy #210,
    Kapolei, Hawaii

    SOURCE: Household First Photo voltaic

    Take a look at the supply model on accesswire.com:
    https://www.accesswire.com/735466/Household-First-Photo voltaic-Helps-Hawaii-Residents-Take-Benefit-of-State-and-Federal-Tax-Credit

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