Hawaii Incentives/Policies for Renewables & Efficiency |
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Last DSIRE Review: 12/14/2012
Program Overview:
| State: |
Hawaii |
| Incentive Type: |
Property Tax Incentive |
| Eligible Renewable/Other Technologies: |
Solar Water Heat, Solar Thermal Electric, Photovoltaics, Landfill Gas, Wind, Biomass, Municipal Solid Waste, CHP/Cogeneration, Solar Pool Heating, Anaerobic Digestion, Tidal Energy, Wave Energy |
| Applicable Sectors: |
Commercial, Industrial, Residential |
| Amount: | 100% exemption for 25 years. |
| Start Date: | 10/1/2009 |
| Web Site: |
http://www.realpropertyhonolulu.com/portal/rpadcms/Exemption?pare...
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Authority 1:
Date Effective:
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Honolulu City Council Bill 58
10/1/2009
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Authority 2:
Date Effective:
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Revised Ordinances of Honolulu 8-10.15
10/1/2009
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Summary:
In September 2009, the Honolulu City Council unanimously passed Bill 58 to create a real property tax exemption for alternative energy improvements. This bill became effective October 1, 2009. The alternative energy property installed on a building, property, or land is exempt from property taxes for 25 years. For the purposes of this property tax exemption, alternative energy sources include solar, wind, hydropower, tidal, wave, solid waste and increased efficiency in fossil-fuel burning facilities. Energy sources based on fossil fuels, nuclear fuels or geothermal energy are not eligible for this exemption. |
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.
While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.
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