Showing posts with label small-scale energy loan program. Show all posts
Showing posts with label small-scale energy loan program. Show all posts

May 9, 2012

As Washington gridlock persists, states get creative in funding renewable energy

Hawaii in recent years has been good to the solar industry, and that’s not just because the state’s geography promises a steady supply of rays.

Aided by a slew of generous tax credits to homeowners and companies, including up to 35 percent returned to homeowners who buy and install solar energy units, solar business on the islands is booming. The number of installations of solar energy projects doubled between 2009 and 2010 and has since continued to grow. Those projects account for some 15 percent of construction spending in the state, putting about 2,000 Hawaiians to work.