GreenSun Hawaii (Hawaii)

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Summary

Last modified on December 17, 2014.

Financial Incentive Program

Place Hawaii

Name GreenSun Hawaii
Incentive Type State Loan Program
Applicable Sector Commercial, Industrial, Residential, Nonprofit, Multi-Family Residential
Eligible Technologies Refrigerators, Lighting, Heat pumps, Central Air conditioners, Windows, Solar Water Heat, Photovoltaics
Active Incentive Yes

Implementing Sector State/Territory
Energy Category Renewable Energy Incentive Programs, Energy Efficiency Incentive Programs
Amount Varies by lender










Funding Source The American Recovery and Reinvestment Act of 2009 (ARRA)









Program Budget $2,670,000




Terms Varies by lender
Program Administrator Hawaii Community Reinvestment Corporation
Website http://www.hcrc-hawaii.org/community-development/financing-programs2.html
Date added to DSIRE 2012-02-03
Last DSIRE Review 2014-09-03



References DSIREDatabase of State Incentives for Renewables and Efficiency[1]


Summary

The GreenSun Hawaii program works with various lenders throughout Hawaii to offer financing for renewable energy and energy efficiency upgrades. Through the program, homeowners may be eligible to finance Energy Star refrigerators, Energy Star air conditioners, solar water heating systems or heat pumps, and solar photovoltaic systems. Non-residential property owners may be eligible to finance lighting retrofits or upgrades, air conditioning, solar water heating systems, solar photovoltaic systems, and windows. An energy audit is required for non-residential property owners.


GreenSun Hawaii is a loan loss reserve fund developed using funds from the The American Recovery and Reinvestment Act of 2009 (ARRA). GreenSun Hawaii partners with banks and credit unions, making the loan loss reserve fund available to participating lenders. Consequently, participating lenders are able to offer more favorable terms and lower interest rates to homeowners, businesses, non-profits, and owners of multi-family dwellings for the installation of renewable energy and energy efficient technologies. Specific terms vary by lender.


Incentive Contact

Contact Name GreenSun Hawaii Information
Department Hawaii Community Reinvestment Corporation

Address Kaimuki Plaza
Address 2 3465 Waialae Avenue, Suite 393
Place Honolulu, Hawaii
Zip/Postal Code 96816
Phone (808) 532-3110


Email ron@hcrc-hawaii.org

     
     


  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency"