Honolulu Solar Bond Program

On June 4, 2004, Honolulu City Council approved Bill 14, including a $7.85 million bond for solar and energy efficiency retrofits for Honolulu public buildings. The bond measure will fund lighting or air-conditioning improvements in municipal buildings island wide as well as photovoltaic installations in city buildings in Kapolei.

By bundling solar power with energy efficiency, projects can be structured so that energy savings exceed debt service and will be immediately revenue positive.

Corporate Solar and Wind Energy Tax Credit

Corporations can claim up to 35% of the cost of equipment and installation of a solar thermal or photovoltaic system up to $250,000. The credits apply to renewable energy technology systems installed and placed in service after June 30, 2003.

More Information

For more information on Hawaii’s programs visit the Database of State Incentives for Renewable Energy.

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