The Villages at the Mauna Lani Resort have finally conceded to allowing solar photovoltaic panels on what is considered “shared common elements,” or the roofs of the duplex or paired homes. This is great news, of course, and comes after years of research and some controversy between the HOA board members and some of the more progressive thinking homeowners.
The Villages Changes its Solar Policies
At one point it was said the panels could not be placed on “shared common elements” and that it would “invalidate the warranty for the Monier tile roofs.” Monier confirmed this was not the case so long as the panels were installed by a licensed professional. (The Villages does have specifications of the rules and regulations for the panel installation of their own additionally, however.)
The House Rules/Board Policies have been changed to accommodate the solar panels. There are already 2 homes completed, with a third underway. I suspect many will follow suit with the cost of power ever increasing.
Great News for Homeowners
It is anticipated that it will take 3-3.5 years to payback for the solar photovoltaic installation and cost. However, the total cost for power would then be approx. $50 per year! I know many of my clients pay $1,000+ per month as they vacation rent out their homes when not in use, so this comes as great news for them.
Hmmm. I wonder; does this mean the vacation rentals will be less costly now!? Haha.
A Hui Hou; living and loving my resort life.