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Hawaii green‑bank model pitches on‑bill repayment and green fees as ways to widen renewables access
Summary
Hawaii’s Green Infrastructure Authority told APIL lawmakers in Saipan that on‑bill repayment and meter‑tied loans can widen access to rooftop solar and efficiency for renters and low‑income households and attract private capital alongside public funds.
Gwen S. Yamamoto Lau, executive director of the Hawaii Green Infrastructure Authority, presented a practical blueprint for expanding renewables and energy efficiency through public financing tools at the APIL General Assembly.
Hawaii’s authority was capitalized initially with a $150 million Green Energy Market Securitization bond and later augmented with general and federal funds, Lau said. The authority runs a green‑bank program that offers 20‑year loans for rooftop solar and efficiency measures and uses an on‑bill repayment mechanism that places the loan obligation on the utility meter rather than an individual borrower. That change removes…
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