Name

PV tech

Legal name

PV Tech

Website

https://pvtechhi.com

Company type

Private

Operating status

Operating

Ownership category

akta.pro rank

Product category

Solar PV Installation Services

NAICS

Utility System Construction (2371)

SIC

Electrical Work (1731)

akta.pro primary industry

Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)

akta.pro secondary industry

Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization) (EUAMABAJ)

Keywords

• Residential solar installation
• Commercial solar PV
• Photovoltaic systems
• Solar financing programs
• On-bill financing

Headquarters

HQ city

Honolulu

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Solar PV Installation Services: One-time installation revenue from solar photovoltaic systems for residential and commercial properties. The company sells complete solar installations through direct purchase or financing arrangements. Revenue is generated from equipment sales, installation labor, and associated services including permitting and grid connection.
2. Power Purchase Agreement (PPA): The company offers Power Purchase Agreements where customers pay for electricity generated by the solar system rather than purchasing the system outright. Monthly payments are structured to be lower than the customer's existing HECO bill from day one. This provides recurring revenue over the agreement term while reducing customer upfront costs.
3. Solar Lease: Monthly lease payments for solar equipment installation. Customers lease the PV system with payments integrated into their HECO utility bill through the GEM$ On-Bill Program. Provides recurring monthly revenue over the lease term.
4. Purchase Financing: Bank loans or financing options for customers who wish to own their solar PV system. PV Tech facilitates unconventional loans through the GEMS program with no credit checks, where qualification is based on utility payment history rather than credit scores.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

PV Tech is a solar photovoltaic (PV) installation contractor that designs, sells, and installs complete rooftop solar systems for residential and commercial customers across Oahu, Hawaii. The company handles the full project lifecycle from free consultation, custom system design, and financing navigation (including Purchase, PPA, Lease, and Prepaid Lease structures) to permitting with HECO, city, and county authorities and final in-house installation by licensed electricians. All installation work is performed by full-time employees without the use of subcontractors.

Product overview

PV Tech is a solar photovoltaic installation contractor serving residential and commercial customers across Oahu, Hawaii. The company offers a unified installation service portfolio comprising residential solar PV installation and commercial solar PV installation as core offerings. These core services are complemented by flexible financing pathways including the Hawaii State GEM$ Program (a $0 down, no credit check on-bill financing option), Power Purchase Agreement (PPA), Solar Lease, Prepaid Lease, and Purchase Financing through bank loans. The GEMS Program financing integrates repayment directly into the customer's HECO utility bill, providing immediate savings from day one. All installations are performed by in-house full-time licensed electricians and PV installers, with no use of sub-contractors.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential Solar PV Installation

Quantifiable outcome

• Electric bill reduction of 35% to 95%
• +2 more outcomes

Named customers5 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Hawaii State GEM$ ProgramcoreChannel Partner/ Reseller/ DistributorPV Tech is Hawaii's leading contractor for the Hawaii State GEM$ (Green Energy Money-Saver) Program. Through this partnership, PV Tech offers customers zero down payment, no credit check financing for solar installations. The GEM$ On-Bill Program allows solar repayment to be integrated directly into the customer's existing HECO utility bill, eliminating separate monthly payments. Qualification is based on utility payment history rather than credit scores.

Scale indicators2 records

Recent moves1 record

Expansion highlights4 records

Broad incumbents

• Tesla Energy: Tesla Energy sells solar roof and retrofit PV systems in Hawaii alongside Powerwall storage. As a broad national incumbent with a consumer brand, it competes in the same Oahu residential solar market as PV Tech with significantly larger marketing reach.
• Sunrun: Sunrun is the largest U.S. residential solar company and operates in Hawaii offering leases, PPAs, and solar installations. As a broad national incumbent, it competes with PV Tech for the same Oahu homeowners but with greater scale and capital access.
• Blue Raven Solar: Blue Raven Solar is a U.S. residential solar installer offering financing and turnkey installations. It is comparable in go-to-market (direct sales, in-house installation, financing-heavy) but operates across multiple states and does not currently focus on Hawaii.
• Momentum Solar: Momentum Solar is a national residential solar installer using a direct sales model with in-house installation crews, closely paralleling PV Tech's operating approach. It serves multiple U.S. states but is not present in Hawaii.
• Vivint Solar: Vivint Solar (now SunRun-owned) is a national residential solar installer offering leases and PPAs, with operations in Hawaii. It overlaps with PV Tech in the rooftop residential segment but serves a much broader geographic footprint.

Direct peers

• RevoluSun: RevoluSun is one of Hawaii's largest residential and commercial solar integrators, headquartered in Honolulu. Like PV Tech, it designs and installs rooftop PV systems on Oahu and across the Hawaiian islands, making it the most directly comparable local competitor.
• Haleakala Solar: Haleakala Solar is a Hawaii-focused solar installer with operations on Oahu and other islands. It competes in the same residential rooftop and commercial solar segment with similar financing and installation models.
• Hawaiian Solar Company: Hawaiian Solar Company is a long-established Hawaii-based solar PV installer serving residential and commercial customers on multiple islands. It is a direct local peer with comparable offerings and target market to PV Tech.

Emerging players

• Green Home Systems: Green Home Systems is a growing regional residential solar installer focused on California and the Western U.S. with similar direct-to-consumer and in-house installation characteristics as PV Tech, though at an earlier stage of geographic build-out.

Regional players

• Trinity Solar: Trinity Solar is one of the largest privately held U.S. residential solar installers, operating primarily across the Northeast and Mid-Atlantic. It is comparable to PV Tech in business model (residential EPC with financing) but does not directly overlap in Hawaii geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks1 record

Key highlights6 records

Customer concentration

• Facebookfacebook.com/pvtechhi
• Xtwitter.com/pvtechhi

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PV tech