Appropriates funds to the clean energy and energy efficiency revolving loan fund for the Hawaii green infrastructure authority to finance projects.
The bill appropriates funds to the clean energy and energy efficiency revolving loan fund for the Hawaii green infrastructure authority to finance projects for underserved ratepayers, including low- and moderate-income homeowners, nonprofits, and small businesses. The fund will provide low-cost loans or other financial assistance for clean energy investments or other authorized uses. The purpose is to help the state meet its 100% renewable energy portfolio standard goal by 2045, reduce carbon emissions, and stabilize the grid.
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