State Aims to Make Renewable Energy Accessible and Affordable for All, On-bill financing would open the renewable market to renters and low-income residents
WHAT: The House Committees on Energy & Environmental Protection and Consumer Protection & Commerce will hold a joint informational briefing with the Senate Committees on Energy and Environment and Commerce and Consumer Protection to provide an update on the creation of an on-bill renewable energy financing program for the state.
WHEN: Thursday, February 21, 2013, 1:00 P.M.
WHERE: Hawaii State Capitol Auditorium
WHY: On-bill renewable energy financing will make low-interest financing available to Hawaii’s renters and residents who have been unable to afford the existing cost of distributed renewable energy technologies. A related measure could take the next big step forward and provide significant capital in low-interest financing to help homeowners and renters cover the upfront costs of solar photovoltaic and other renewable technologies.
WHO: Internationally recognized expert in renewable energy financing, Cisco DeVries will join members of the Committees and industry stakeholders for the briefing. Mr. DeVries is President of Renewable Funding, which designs, administers and finances clean energy programs to state and local governments as well as the private sector – in the United States and abroad.