The popular HELCO incentive program which allows customers to send excess energy to the grid and receive credits on your HELCO electric is going to close in a few short months – or earlier if its capacity is reached before then.
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There’s a tremendous amount of demand for HELCO energy credits and incentive dollars in Hawaii. Filing as early as possible helps ensure that you’re in the waiting line and that they’re not going to be “sold out” before you get up to the counter to claim your “free money.”
There are both Federal and Hawaii State Tax credits available. And right now you can send power to the grid and get energy credits. But it won’t last. The HELCO program is scheduled to close in October or as soon as it reaches the allotted capacity, whichever comes first.