Program pays 25% of energy-saving equipment costs

Hawaii Energy, the state energy conservation and efficiency program, provides rebates to individuals, businesses and nonprofits installing energy efficient equipment, such as lighting.

“We have a new program that is federally-funded through stimulus money that we’re trying to push,” said Kelli Miura, Hawaii Energy communications specialist. “It’s especially for government and nonprofit organizations. Basically, we’ll pay 25 percent of the installed costs to purchase customized energy efficient measures as long as the total cost exceeds $60,000.”

Details are available on Hawaii Energy’s website: http://hawaiienergy.com/99/government-supplemental-customized-customer-incentives. Program requirements include:

• Approval prior to the start of work on any customized project.
• Total resource benefit ratio that is greater than 1.
• Incremental simple payback greater than one year or six months for LED projects.
• SEP and Hawaii Energy incentive limited to 25 percent of total project cost.
• Hawaii Energy custom incentives limited to 50 percent of incremental costs.
• Total project cost must exceed $60,000.
• Installations are subject to inspection for up to five years. Removal will be cause for incentive forfeiture.

Click here to download an application form.