Environment Technology

Environment Technology

On-Bill Financing for Renewable Energy HB497 HD2

Posted by admin on February 28, 2013 in Clean Energy with No Comments


February 22, 2013 The Hawaii State House Committee on Finance hears public testimony about a bill that would allow energy utility customers to purchase and finance renewable energy like solar water heaters or PV panels.

RELATING TO RENEWABLE ENERGY.
Amends the tax credit for Renewable Energy technologies. Applies to taxable years beginning after December 31, 2012. Establishes a regulatory financing structure that authorizes the Public Utilities Commission and the Department of Business, Economic Development, and Tourism to provide low-cost loans for green infrastructure equipment to achieve measurable cost savings and achieve Hawaii’s Clean Energy goals. Effective January 28, 2100.

read bill and written testimony submitted here
http://www.capitol.hawaii.gov/measure_indiv.aspx?billtype=HB&billnumber=497&year=2013

TV news story http://www.hawaiinewsnow.com/story/21303731/state-unveils-plan-to-make-renewable-energy-available-to-all

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Duration : 0:29:51


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