Honolulu - Solar Bond Program (Hawaii)
Last modified on February 12, 2015.
Financial Incentive Program
|Name||Honolulu - Solar Bond Program|
|Incentive Type||Local Bond Program|
|Applicable Sector||Local Government|
|Eligible Technologies||Lighting, Central Air conditioners, Photovoltaics|
|Energy Category|| Renewable Energy Incentive Programs, Energy Efficiency Incentive Programs
|Program Administrator||Councilmember Charles K. Djou|
In June 2004, the 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 across the island, as well as photovoltaic (PV) installations on city buildings in Kapolei. By bundling solar with energy efficiency, projects can be structured so that energy savings exceed debt service and will be immediately revenue-positive.
The Honolulu bond will attempt to replicate the $100 million solar bond measure passed by San Francisco voters in November 2001. The bond is expected to save almost 6 million kilowatt-hours (kWh) of electricity a year and have a net present value of approximately $1.3 million over the life of the project.
Authorities (Please contact the if there are any file problems.)
|Authority 1:||Honolulu City Council Bill 14 (2004)|
|Date Enacted|| 2004-06-04
|Contact Name||Lori Gorospe Wingard|
|Department||Councilmember Charles K. Djou|
|Address||530 S. King Street|
|Address 2||Room 202|
|Phone|| (808) 527-5683
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.