Solar squeeze

New limits on a state tax credit, which will raise the price of installing photovoltaic systems, hurt customers and the industry, critics of the rules say

By Alan Yonan Jr.

POSTED: 01:30 a.m. HST, Dec 30, 2012

~~<p>Most Hawaii residents will end up paying more to install a solar photovoltaic system effective Jan. 1 as a result of the state's move to tighten the rules for its renewable energy tax credit program.</p>
<p>The state Department of Taxation issued the temporary administrative rules last month in response to concerns that lost revenue from the tax credit was costing the state too much as PV installations soared.</p>
~~

Most Hawaii residents will end up paying more to install a solar photovoltaic system effective Jan. 1 as a result of the state's move to tighten the rules for its renewable energy tax credit program.

The state Department of Taxation issued the temporary administrative rules last month in response to concerns that lost revenue from the tax credit was costing the state too much as PV installations soared. Login for more...