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GEM$ On-Bill Program (Green Energy Money $aver On-Bill Program)
Hawaii — state programup to 25 years at a below-market, fixed rate of 5.5% per annumDeadline: rolling
The GEM$ On-Bill Program is an on-bill financing program offered by the Hawaii Green Infrastructure Authority (HGIA) for homeowners and renters. 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.