DOE Uses GEMS Loan to Install Air Conditioning: Is That Allowed?

posted in: February 2018 | 0

The Hawai‘i Green Infrastructure Authority has recommended that the Legislature consider allowing at least part of the balance of Green Energy Market Securitization funds to be used as “a revolving credit facility for any state agency to access low-cost financing to install energy efficiency measures.”

In a sense, this has already been done. Last year, the Legislature approved allowing the HGIA to lend $46.4 million, interest- free, to the Department of Education for “installation costs for energy-efficient lighting and other energy-efficiency measures related to heat abatement at public schools.” The funds must be encumbered by . . .

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