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The PV to EV Link

If you plan your photovoltaic (PV) and electric vehicle (EV) investment right, your energy bill could fall as low as $18 per month.

One of the largest plug-in-electric vehicle (PEV) owner surveys (California, August 2012) found a 39 percent correlation between PV and EV ownership.

Salesmen at Jim Falk Motors Maui have noticed this close relationship in their electric vehicle customers as well.
Article Photos

The Electric Vehicle “Nissan LEAF”

An early adopter of a Nissan LEAF and a ZERO motorcycle on the West Side pays $18 to run his solar-powered house and his two 100 percent electric vehicles. He can “sell” his excess energy generated during the day to Maui Electric Company (MECO) and then buy energy back to charge his EVs or do the wash at night at a 30 percent reduced price due to the peak-off-peak price cost differential).

I’ve met other early adopters in Kihei, Kula, and Ha’iku who have followed the same secret recipe. Here’s how it works:

1.Estimate the amount of photovoltaic energy needed and get PV system installed;

2.Get Net Energy Metering from MECO (or live off the grid and install sufficient energy storage);

3.Buy a plug-in electric vehicle;

4.Apply for federal and state tax credits for PV; federal tax credit of $7,500 for the vehicle; and obtain the state tax rebate of $4,500 for the vehicle and up to $500 towards a Level 2 charging station (220-240V installation with electric permit requirement).

And while the Hawai’i state EV rebates ran out in early May 2012 (just when Nissan LEAFs started to arrive at the local dealership), federal EV tax credits are still valid and immediately applicable if you get the lease deal, which could be as sweet as $2,999 down and $250 per month for two years for Maui residents.


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