Hawaii launches on-bill financing program to expand clean energy access

Hawaii Gov. David Ige on April 8 announced a new on-bill financing program intended to expand the accessibility and affordability of clean energy savings for homeowners, renters, small businesses and nonprofit organizations. To qualify for the so-called Green Energy Money $aver (GEM$) program, Hawaiian Electric customers must not have had a disconnection notice over the past 12 months. Estimated utility bill savings of the clean energy equipment must be at least 10% after the installation, including the repayment, according to a statement. The program has been in the works since late 2016 and is expected to accelerate the state’s progress in achieving 100 percent renewable energy by 2045, Ige said during a press conference.

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