City and County of Honolulu - Real Property Tax Exemption for Alternative Energy Improvements (Hawaii)

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Summary

Last modified on April 30, 2011.

Financial Incentive Program

Place Hawaii


Name Honolulu - Real Property Tax Exemption for Alternative Energy Improvements
Incentive Type Property Tax Incentive
Applicable Sector Commercial, Industrial, Residential
Active Incentive Yes
Implementing Sector Local
Energy Category Renewable Energy Incentive Programs
Amount 100% exemption for 25 years.




Start Date 10/1/2009










Program Administrator Honolulu City Council


References DSIRE[1]


Authorities (Please contact the if there are any file problems.)

Authority 1: Honolulu City Council Bill 58
Date Effective 10/1/2009

















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.

References

  1.  "Database for Renewables & Efficiency"