As outlined in the 2013 State of the State address, Gov. Neil Abercrombie today signed Senate Bill 1087, which establishes a green infrastructure financing program for Hawaii. The Green Energy Market Securitization (GEMS) program is an innovative financing model that is designed to make clean energy improvements more affordable and accessible to underserved community members.
“This new measure allows us to bring clean energy improvements within reach for a broader segment of the community,” said Gov. Abercrombie. “More of Hawaii’s residents will be able to take advantage of green devices that will ultimately lower electricity bills and contribute to the state’s clean energy growth.”
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