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GEM$ On-Bill Program
Hawaii — state programup to 25 years at a below-market, fixed rate of 5.5% per annumDeadline: rolling
The Green Energy Money $aver (GEM$) On-Bill Program is an innovative on-bill financing program for homeowners and renters offered by the Hawaii Green Infrastructure Authority. It finances energy improvements (such as solar and storage systems) with the repayment obligation tied to the electric utility meter rather than a person, allowing the charge to transfer from ratepayer to ratepayer. Payments appear conveniently on the borrower's monthly electric utility bill.
Program details
- Type
- loan
- Amount
- up to 25 years at a below-market, fixed rate of 5.5% per annum
- Deadline
- rolling
- Status
- open
- Administrator
- Hawaii Green Infrastructure Authority (HGIA)
Source: Hawaii — state program. Confirm current terms with the administering agency before applying.