Net Billing

Net Metering in Hawaii

Current NEM policy, export rates, and impact on solar payback for Hawaii homeowners.

NEM Export Rate

$0.080

per kWh

Avg Retail Rate

$0.368

per kWh

% of Retail

22%

compensation

Policy Status

Active

since 2015-10

System Limit

Varies by program

max eligible

NEM Policy Details — Hawaii

How Hawaii compensates your excess solar generation

Net BillingActive

NEM closed to new customers in 2015. New systems under Customer Grid-Supply (CGS) or CGS Plus receive reduced export credits. High retail rates make solar attractive regardless.

NEM Rate$0.080/kWh
Retail Rate$0.368/kWh
Savings Gap-28.8c/kWh
Annual True-UpYes

Source: Hawaii PUC, HECO · Effective: 2015-10

Calculate Your NEM Savings in Hawaii

$

NEM Rate Comparison

$0.00Hawaii: $0.080$0.368 (retail)

Hawaii's NEM rate is 22% of the retail electricity rate — significantly below retail, consider self-consumption or battery storage.

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Written & reviewed by

Jeremy Wolfe — Senior Solar Energy Analyst

Jeremy Wolfe is a solar energy analyst specializing in residential photovoltaic economics, federal and state incentive policy, and return-on-investment modeling for homeowners. He leads EnergyTools' solar research program and methodology.

  • 10+ years analyzing residential solar economics and payback modeling
  • Lead researcher for EnergyTools' 50-state solar cost-per-watt database
  • Author of 100+ solar ROI, payback, and incentive analyses

Methodology & data sources:NREL PVWatts, EPA FuelEconomy.gov, state utility commissions— updated 2026.