Re-assess Hawaii Energy Tax Credit cap for cost of living

Re-assess the Hawaii Energy Tax Credit to address COLA increases

Review the Hawaii Energy Tax Credit to determine whether the $5000 cap is still reasonable given cost of living increases since the original 1976 enactment (a state income tax credit of up to 35% of the cost for residential photovoltaic systems) and the discontinuance of federal funding. If an increase is approved, it would allow the average homeowner to afford the installation, saving on energy cost and giving families more disposable income or more to contribute to retirement programs.