National Solar Capacity Ranking: 23rd
Data Current Through: Q3 2024
With fantastic solar insolation and high electricity prices due to a dependence on imported energy, Hawaii is an ideal solar market. However, interconnection continues to be an issue as Hawaiian utilities have imposed restrictions to avoid solar generators’ loads on their systems.
Q2 2024
2,060
23rd (24th in 2023)
552,259 homes
20.11%
2393
113 (2 Manufacturers, 80 Installers/Developers, 31 Others)
$4.8 billion
43% over the last 10 years
1040 MW over the next 5 years (ranks 40th)
119,232
Official SEIA State Affiliate: Hawaii Solar Energy Association (HSEA)
Hawaii Clean Energy Initiative
Hawaii Public Utilities Commission – Learn about the governing body that regulates the electricity rates and services of Hawaii public utilities
Hawaii Solar Energy Association – Learn what local solar companies have been doing to create solar jobs in Hawaii since 1977
Hawaii State Legislature – Track pending legislation affecting solar energy, locate and contact individual legislators, and stay up to date on current legislative issues in Hawaii
State Energy Office – Find a wide variety of information on state government energy programs, policy, projects, energy-saving strategies and energy-related statistics
DSIRE Incentives Database – Hawaii – Search a public clearinghouse for specific solar energy incentives in Hawaii and across the United States
U.S. Energy Information Administration – Hawaii State Profile – Explore official energy statistics, including data on electricity supply and demand, from the U.S. government
Hawai’i Energy Storage Policy and Market Overview
Hawai’i regulators and utilities are capitalizing on abundant and cheap solar resources to deploy energy storage, improve grid resilience, and steamroll the state’s path towards a 100% renewable goal. With the highest electricity rates in the US, Hawai’i can use energy storage as a mechanism to significantly lower customer rates. State regulators have pinpointed market restructuring, net metering, and utility incentives as policy tools to encourage competitive procurement.
In 2019, the State of Hawai’i Public Utilities Commission undertook significant market restructuring actions to reduce customer costs and incentivize DER investments. The PUC established long-term DER net metering programs and TOU rates to stabilize and compensate storage owners. Since, regulatory officials and electricity utilities have worked in lockstep to swiftly interconnect solar-plus-storage systems, invest in standalone systems, and phase out traditional fossil fuel electricity plants.
The residential market is currently slowing as utility rebates shift from Battery Bonus to BYOD. However, various net tariff compensation mechanisms should incentivize BTM installations long-term.
Hawaii Energy Storage Policy Resources