A policy analysis of Hawaii's solar tax credit
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文摘

Assesses Hawaii's PV tax credit using payback period and internal rate of return.

PV investment has a 25% return with the tax credit and 16% without.

Increasing return since 2009 with declining system and rising electricity costs.

Homeowners with median income and above benefit most from PV systems.

Higher income groups accrue benefits up to 40% faster from higher tax liability.

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