Green Infrastructure Bonds

solar-rebates-and-incentives

Program Green Infrastructure Bonds
Category Financial Incentive
Implementing sector State
Last Update
State Hawaii
Administrator Hawaii Green Infrastructure Authority
Website
Budget -
Start Date
Technologies Solar Water Heat, Solar Thermal Electric, Solar Thermal Process Heat, Solar Photovoltaics
Sectors Residential

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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