Looking for a way to cut energy costs? Although Hawaiian Electric has been making progress with the cost of energy thanks to increasing renewable sources, there are still options for Hawaii home owners to lower their bills. SolarCity has recently unveiled their loan program to customers in Hawaii and various other states.
The "My Power" solar loan involves no upfront costs for a rooftop system, and the customer is the system owner. The solar power system energy will cost up to 40 percent less than traditional utility power. The loan can be paid with these savings, and customers also have the option to prepay the loan if they so desire, lowering or removing their monthly payments with no fees or penalties.
One of the conveniences of their offer is the fact that SolarCity is the lender, unlike other solar loans that come from a third party, such as a bank. This means you will deal directly and only with SolarCity, which will simplify your experience.
Hawaii still struggles with the highest electricity costs in the nation, but with the benefit of mostly sunny weather throughout the year, we're in an ideal position to benefit from rooftop systems, which, along with the existing tax credit, explains the massive growth we're seeing in the number of those systems.
Hawaiian Electric Co. has recently submitted new energy plans to the Hawaii Public Utilities Commission for review, and it addresses rooftop solar connectivity with the grid. There's only one direction the utilities companies can go, and that involves accommodating more rooftop systems.
SolarCity is conveniently accessible throughout the nation, and it has also become one of the top solar energy companies in our state. If you own South Maui property, or you're planning on buying a new home in the area, the weather will work to your favor. South Maui is one of the sunniest places on the island. Now you'll have the option of capitalizing on that without paying for a rooftop system upfront.
Maui real estate is moving along, with some new developments in the works that will help meet current demands. Construction recently began on Nuu Aina, the Hunt Development Group's $65 million luxury residential project in Kihei. The groundbreaking ceremony has already taken place, and pre-sales are expected… Continue Reading
The Lahaina Halloween festivities begin Thursday, October 30th. The first annual Maui Comedy Festival presents over 30 different comedians performing at 6 different venues in Lahaina - from Thursday, October 30th to Sunday, November 2nd. This three-day event flaunts the historic town of Lahaina and a portion of the proceeds… Continue Reading
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If you are looking for a luxurious place to call home in South Maui, we have just the property for you. Unit 512 at Kihei Surfside (Update: SOLD) is located in energetic city of Kihei, Maui.
See all Kihei Surfside Condos for Sale
In this vibrant beach town you will find numerous… Continue Reading
Looking for a way to cut energy costs? Although Hawaiian Electric has been making progress with the cost of energy thanks to increasing renewable sources, there are still options for Hawaii home owners to lower their bills. SolarCity has recently unveiled their loan program to customers in… Continue Reading
If you're thinking about buying a South Maui home for retirement, or you're simply a resident without employer-based health care coverage, the upcoming workshop on health care education may be of interest you. Nothing is more important than your health, so if you have… Continue Reading
Are you considering buying property on Maui? If so, while browsing our property listings, be sure to check out Unit 510 at 10 Wailea Ekolu Pl (Update: SOLD). in the heart of Wailea/Makena. Check out all Walea Ekolu condos for sale.
The Wailea and Makena areas are located at the furthest tip of… Continue Reading
You may have heard reports that pending home sales dropped nationwide in August, and are wondering if there's any cause for concern. First of all, the report is based on the National Association of Realtors' Pending Home Sales Index, which fell just one percentage point… Continue Reading