Wind Energy System Corporate Tax Credit

May 02, 2002


This income tax credit allows individuals and corporations a credit of 20% of the cost of equipment and installation of a residential or non-residential wind energy system. The credit is to be applied in the year in which the system is purchased and placed into use, and there is no limit to the total amount of the credit. Tax credits that exceed the taxpayer’s income tax liability may be used as credit against the taxpayer’s income tax liability in subsequent years until exhausted.

Program Overview

Implementing Sector: State
Category: Financial Incentive
State: Hawaii
Incentive Type: Corporate Tax Credit
Web Site:
Administrator: Hawaii Department of Taxation
Start Date:
Eligible Renewable/Other Technologies:
  • Wind (All)
  • Wind (Small)
Incentive Amount: 20%
Maximum Incentive: none
Carryover Provisions: N/A


Name: HRS 235-12(b)(1)
Date Enacted: 1/1/90
Expiration Date: 7/1/2003


Name: Information Specialist
Organization: Hawaii Department of Taxation
Address: P.O. Box 259
Honolulu HI 96809
Phone: (808) 587-4242

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.