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Honolulu solar permits down 16 percent last week

By Star-Advertiser Staff

POSTED:
LAST UPDATED: 01:37 p.m. HST, Jan 27, 2014

2010 May 10 CTY - The Hawaii State Department of Education has embarked on an ambitious two-year plan to bring solar power to public schools throughout the state by awarding its first Power Purchase Agreement contract to Hawaii Pacific Solar, LLC.“Utilizing renewable energy sources to reduce the cost of school operations is a top priority for the DOE,” said Randolph Moore, assistant superintendent of the Office of School Facilities and Support Services. A Power Purchase Agreement (PPA) is a legal arrangement that allows a third party organization to own and operate a solar photovoltaic system installed on a building or on land owned by an independent entity. The third party sells the energy produced by the system, usually at a discount, to the owner of the land or the building.

Honolulu issued 162 permits for residential photovoltaic systems last week, down 16 percent from the same week last year, the state Department of Business, Economic Development and Tourism reported today.

Year-to-date, Honolulu's total number of residential PV permits issued was 502, a 27.7 percent decrease from the previous year.

Honolulu's total value of residential PV permits issued last week was $3.8 million, down 36 percent from the same period last year, DBEDT said. The year-to-date value of residential PV permits was $12.8 million, a 41.4 percent decrease from the previous year.

The average value of residential PV permits last week was about $23,600, down from $31,100 in the same period last year.






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