State Overview

Hawai'i

National Solar Capacity Ranking: 23rd

Data Current Through: Q3 2024

 

Hawai’i State Solar Overview

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.

Official SEIA State Affiliate

HSEA

Just The Facts

  • Data Current Through

    Q2 2024

  • Solar Installed (MW):

    2,060

  • National Ranking:

    23rd (24th in 2023)

  • Enough Solar Installed to Power:

    552,259 homes

  • Percentage of State's Electricity from Solar:

    20.11%

  • Solar Jobs:

    2393

  • Solar Companies in State:

    113 (2 Manufacturers, 80 Installers/Developers, 31 Others)

  • Total Solar Investment in State:

    $4.8 billion

  • Prices have fallen:

    43% over the last 10 years

  • Growth Projection and Ranking:

    1040 MW over the next 5 years (ranks 40th)

  • Number of Installations:

    119,232

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Hawai’i State Solar Policy Resources

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