Tax Credits:
| Category | Tax Credit | ||||
| Residential | |||||
| State | 35% -or- $5,000 cap | ||||
| Federal | 30% -or- No cap | ||||
| Commercial | |||||
| State | 35% -or- $500,000 cap | ||||
| Federal | 30% -or- No cap | ||||
note:
-tax credits of $350 are available for multi-family
homes for both solar water heating and PV
-tax credits are based on actual cost of the
system: accessories & Insulation
- article
on new bill info
(Hawaii New Energy Bill to Boost Efficiency, Renewable Energy)
Downloadable pdf forms:
3468 Tax investement Credit
N-334 (Income Tax Credit for Renewable Energy)
form
334A: Information Statement for Tax Credit
Instructions form for N334A
Form
4562 (Depreciation and Amortization)
Instructions Form
4562