Hawaii Electric Vehicle Incentives

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Hawaii offers residential and commercial customers of the Hawaiian Electric Company Time of Use (TOU) rates, which can save customers money if they charge their vehicles at certain times of the day.
In the US, a massive 90% of the energy consumed from transportation comes from petroleum, making the nation’s transportation sector the leading source of greenhouse gas emissions (29%) in the country.
In response to this, many states are offering incentives for drivers to switch to electric vehicles, usually in the form of monetary rebates or tax credits. This is meant to make purchasing EVs and plug-in hybrids (PHEV) more accessible and attractive to drivers in an ongoing effort to curb greenhouse gas emissions.
Hawaii’s contribution to this incentive program is to offer discounted prices per kWh in order to make EV ownership more affordable to their residential and commercial customers. To better understand what that entails, the car insurance comparison and broker app Jerry has compiled a guide to Hawaii’s electric vehicle incentive program.

How much can I save with the Hawaii electric vehicle incentive?

In Hawaii, the electric vehicle incentive will save you money on your Time of Use (TOU) rates. 

How to get Hawaii’s electric vehicle incentives

To qualify for Hawaii’s EV incentives, you must satisfy the following criteria:
  • You must be a residential or commercial customer of Hawaiian Electric Company
  • You must be a resident of Oahu, Maui, Molokai, or the Island of Hawaii
  • You must own an electric vehicle
Available rates will depend on whether you live in a single or multi-unit residential dwelling, or if you own or operate a commercial facility. They will also depend on which island you are based on and the time of day. 
Hawaiian Electric Company has a complete table of price per kWh based on eligible circumstances.

How to find cheap car insurance for your electric vehicle

Once you’ve saved money on charging your EV or plug-in hybrid, the next step is protecting it once it’s out on the road. And for that, you need the right car insurance—and Jerry can lend a hand.
Jerry helps you comparison shop by submitting info on your behalf to dozens of great providers. Then it provides you with a comprehensive cross-analysis of the best policies they have to offer. Just take your pick, and then Jerry handles the rest, including finalizing paperwork and canceling your old policy.
Jerry users save over $800 per year on average on their insurance. Why not join them today?
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