Green Infrastructure Bonds
Administered by Hawaii Green Infrastructure Authority
Hawaii Green Infrastructure Authority offers on-bill financing for clean energy installations through its GEM$ program, making solar, heat pumps, and other renewable technologies accessible to residential customers including renters and low-to-moderate income households. Visit Hawaii.gov or contact HGIA at (808) 587-3868 to learn about financing options and apply for a residential clean energy project.
HGIA maintains an approved contractor list and provides contractor resources; interested contractors can apply to become HGIA-approved to serve customers accessing GEM$ residential and commercial financing programs. The program targets underserved markets including LMI households, renters, nonprofits, and small businesses, creating market demand for approved clean energy installers.
HGIA, established by S.B. 1087 (2013), administers Green Infrastructure Bonds and the Hawaii Green Energy Market Securitization (GEMS) program to provide low-cost financing for renewable energy and efficiency upgrades through public-private partnerships. The authority prioritizes 100% of funds for underserved populations—LMI households, renters, nonprofits, small businesses, and multi-family projects—supporting Hawaii's 2045 clean energy goal in the electricity sector.
Program details
- Program ID
- 5437
- Last updated
- 8/19/2024
Eligibility
- Sectors
- commercial residential
- Technologies
- solar water heat solar thermal electric solar thermal process heat solar photovoltaics wind (all) biomass hydroelectric combined heat & power landfill gas tidal ocean thermal wind (small) hydroelectric (small) anaerobic digestion fuel cells using renewable fuels heat pumps custom/others pending approval yes; specific technologies not identified
Program summary
S.B. 1087 of 2013 established the Hawaii Green Infrastructure Authority (HGIA) for the purpose of administering Green Infrastructure Bonds to secure low-cost financing for clean energy installations, including both renewable energy and energy efficiency measures. HGIA manages the Hawaii Green Energy Market Securitization (GEMS) Program, which is intended to create a sustainable financing structure through market driven public-private partnerships that will open access to financing for more Hawaii customers and democratize access to clean energy. HGIA has a goal of using 100% of funds to finance underserved households, defined as LMI households, renters, nonprofits, small businesses, and multi-family rental projects.
Contact & resources
- Additional resources
Please verify current program details with the administering agency before making any financial decisions.
