A Warranty Is Only As Good As the Company That Backs It
Due to the recent price drops in solar equipment, generous federal and state tax credits, and rise in electricity rates, the interest in solar energy in Hawaii has skyrocketed. Because of this, an inordinate amount of solar companies have sprung up in the past few years. There is a similar precedent to this.
Back in 1979, there were 4 solar companies in Maui. The government started giving out tax credits in 1980 for solar hot water systems and by 1984, there were 38 solar installation companies. In 1985, the tax credits ended and by 1986 we were back to 4 solar contractors again (Haleakala Solar is the only one left out of all those companies).
It seems we are witnessing a similar cycle, only this time with photovoltaic. Literally hundreds of individuals and companies have decided to jump onto the photovoltaic bandwagon in the past few years, a lot of them basically working out of their garages and backyards. If and when the tax credits go away, how many of these startup solar “contractors” will be around to uphold their 20-25 year warranties? Haleakala Solar has been here since 1977. When we say we’re going to back up our warranty, we mean it. We’ve already done it. Not many other solar companies can say that.