Hawaii Incentives/Policies for Renewables & Efficiency |
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Last DSIRE Review: 03/08/2013
Program Overview:
| State: |
Hawaii |
| Incentive Type: |
Local Loan Program |
| Eligible Renewable/Other Technologies: |
Solar Water Heat, Photovoltaics |
| Applicable Sectors: |
Residential, Island of Oahu |
| Maximum Incentive: | 0% loan up to a 20 year payment term; Certain borrowers may qualify for a reduced minimum payment |
| Web Site: |
http://www1.honolulu.gov/dcs/Housing.htm
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Summary:
The Honolulu Solar Loan Program is offered by the City and County of Honolulu. The program offers zero-interest loans to income-eligible homeowners for the installation of solar water heating and photovoltaic systems through the City's Rehabilitation Loan Program.
The zero-interest loans are available for single-family homes and individual condominiums with home owners association approval.. For loans over $10,000, a mortgage lien will be secured on the property. Additional repairs such as re-roofing work, etc. may be included in the installation work depending on the City inspection. Qualification is dependent on income level (guidelines available on program website). The program is designed to assist low- and moderate-income owner-occupant homeowners.
For more information, please visit the City and County of Honolulu website to download an application. |
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.
While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.
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