| Implementing Sector: | Local |
| Category: | Financial Incentive |
| State: | Hawaii |
| Incentive Type: | Loan Program |
| Web Site: | http://www.honolulu.gov/cms-dcs-menu/site-dcs-sitearticles/1852-cad-solar-loan.html |
| Administrator: | City and County of Honolulu |
| Eligible Renewable/Other Technologies: | Solar Water Heat, Solar Photovoltaics |
The Honolulu Solar Loan Program is offered by the City and County of Honolulu. The program offers zero-interest loans to income-eligible homeowners for the installation of solar water heating and photovoltaic systems through the City's Rehabilitation Loan Program.
The zero-interest loans are available for single-family homes and individual condominiums with home owners association approval.. For loans over $10,000, a mortgage lien will be secured on the property. Additional repairs such as re-roofing work, etc. may be included in the installation work depending on the City inspection. Qualification is dependent on income level (guidelines available on program website). The program is designed to assist low- and moderate-income owner-occupant homeowners.
For more information, please visit the City and County of Honolulu website to download an application.
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A solar PV system is custom-designed for your home. Final solar system price may vary based on your location, monthly utility bill, government incentives and rebates, the condition of your home, and local installation prices. Solar PV system output and estimated savings are calculated based on several factors including product type, system production, geography, weather, shade, electricity use, full utilization of the 30% solar investment tax credit, and utility rate structures and rate increases. Savings on your total electricity costs are not guaranteed. Financing options and terms vary by location, and may not be available in all areas. Solar QC is neither the lender nor the project installer. Solar QC License# 1130591
