| Implementing Sector: | State |
| Category: | Financial Incentive |
| State: | Hawaii |
| Incentive Type: | Bond Program |
| Administrator: | Hawaii Green Infrastructure Authority |
| Eligible Renewable/Other Technologies: | Solar Water Heat, Solar Thermal Electric, Solar Thermal Process Heat, Solar Photovoltaics, Wind (All), Biomass, Hydroelectric, Combined Heat & Power, Landfill Gas, Tidal, Ocean Thermal, Wind (Small), Hydroelectric (Small), Anaerobic Digestion, Fuel Cells using Renewable Fuels |
| Eligible Efficiency Technologies: | Heat pumps, Custom/Others pending approval, Yes; specific technologies not identified |
| Name: | S.B. 1087 |
| Date Enacted: | 07/02/2013 |
In July 2013, Hawaii enacted legislation allowing the Department of Business, Economic Development, and Tourism to issue Green Infrastructure Bonds to secture low-cost financing for clean energy installations, including both renewable energy and energy efficiency measures. The bond proceeds will be used to fund the on-bill financing program being developed by the Public Utilities Commission. Bondholders will be repaid with funds collected from the state Public Public Benefits Fund.
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A solar PV system is custom-designed for your home. Final solar system price may vary based on your location, monthly utility bill, government incentives and rebates, the condition of your home, and local installation prices. Solar PV system output and estimated savings are calculated based on several factors including product type, system production, geography, weather, shade, electricity use, full utilization of the 30% solar investment tax credit, and utility rate structures and rate increases. Savings on your total electricity costs are not guaranteed. Financing options and terms vary by location, and may not be available in all areas. Solar QC is neither the lender nor the project installer. Solar QC License# 1130591
