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GEM$ On-Bill Program (Green Energy Money $aver)
Hawaii — state programbelow-market, fixed rate of 5.5% per annum; long-term financing of up to 25 yearsDeadline: rolling
An innovative on-bill financing program for homeowners and renters offered by the Hawaii Green Infrastructure Authority (HGIA). It finances energy improvements (such as solar and storage) with the repayment obligation tied to the electric utility meter rather than a person, allowing payments to appear on the monthly electric utility bill. The program targets low- to moderate-income households and features below-market fixed-rate financing.
Program details
- Type
- loan
- Amount
- below-market, fixed rate of 5.5% per annum; long-term financing of up to 25 years
- Deadline
- rolling
- Status
- open
- Administrator
- Hawaii Green Infrastructure Authority (HGIA)
Source: Hawaii — state program. Confirm current terms with the administering agency before applying.