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Friday, April 5, 2013
Draining the General Fund: Solar Permits up 49%
By News Release @ 1:25 PM :: 5641 Views :: Energy, Tax Credits

Honolulu Weekly Solar Residential Photovoltaic Permits Issued: March 25 – March 31, 2013

News Release from DBEDT

For the week of March 25, 2013 to March 31, 2013, Honolulu’s total number of residential photovoltaic (PV) permits issued was 270, up 46.7% from the previous week and up 69.8% from the same period last year.   Year-to-date (YTD), Honolulu’s total number of residential PV permits reached 2,922, a 49.0% increase from the same period last year.

In this week, Honolulu’s total value of residential PV permits was $8.6 million, up 61.1% from the previous week and up 68.0% from the same period last year.   YTD, Honolulu’s total value of residential PV permits reached $88.7 million, a 39.6% increase from the same period last year.

In the current week, the average value of residential PV permits was about $31,800.  This value is higher than the average value in the previous week ($29,000), but lower than the average value in the same period last year ($32,200).

Commercial PV Permits:

For the week of March 25, 2013 to March 31, 2013, Honolulu issued 6 commercial PV permits lower than the 7 permits issued in the previous week but higher than the 3 permits issued during the same period last year.   YTD, Honolulu’s total numbers of commercial PV permits reached 83, a 118.4% increase from the same period last year.

In this week, Honolulu’s total value of commercial PV permits was $0.9 million, down 77.5% from the previous week and down a 51.6% from the same period last year.   YTD Honolulu’s total value of commercial PV permits reached $28.1 million, a 41.1% increase from the same period last year.

In the current week, the average value of commercial PV permits was about $143,600, which is lower than the average value in the previous week ($547,100) and also lower than the average value in the same period last year ($592,700).

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