GreenSun Hawaii

October 14, 2024

Summary

The GreenSun Hawaii program works with various lenders throughout Hawaii to offer financing for renewable energy and energy efficiency upgrades. Through the program, homeowners may be eligible to finance Energy Star refrigerators, Energy Star air conditioners, solar water heating systems or heat pumps, and solar photovoltaic systems.  Non-residential property owners may be eligible to finance lighting retrofits or upgrades, air conditioning, solar water heating systems, solar photovoltaic systems, and windows. An energy audit is required for non-residential property owners.

GreenSun Hawaii is a loan loss reserve fund developed using funds from the The American Recovery and Reinvestment Act of 2009 (ARRA). GreenSun Hawaii partners with banks and credit unions, making the loan loss reserve fund available to participating lenders. Consequently, participating lenders are able to offer more favorable terms and lower interest rates to homeowners, businesses, non-profits, and owners of multi-family dwellings for the installation of renewable energy and energy efficient technologies. Specific terms vary by lender. 

Program Overview

Implementing Sector: State
Category: Financial Incentive
State: Hawaii
Incentive Type: Loan Program
Web Site: https://energy.hawaii.gov/greensun-hawaii-loan-program-finances-3-million-in-solar-installations-statewide/
Administrator: Hawaii Community Reinvestment Corporation
Start Date:
Eligible Renewable/Other Technologies:
  • Solar Water Heat
  • Solar Photovoltaics
  • Refrigerators/Freezers
  • Lighting
  • Heat pumps
  • Air conditioners
  • Windows
Loan Term: Varies by lender

Contact

Name: GreenSun Hawaii Information
Address: Kaimuki Plaza
Honolulu HI 96816
Phone: (808) 532-3110
Email: ron@hcrc-hawaii.org

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.