State loans urged to help residents install solar gear

By Derrick DePledge

POSTED: 01:30 a.m. HST, Feb 19, 2013

~~<p>The state might help more consumers afford solar panels by tapping into the same bond financing that utilities have used to improve power plants and respond to storm damage.</p>
<p>Under bills moving through the Legislature, the state would issue revenue bonds to raise money for loans that consumers could obtain to install solar water heaters or rooftop photovoltaic systems. Consumers would repay the loans over time from the energy savings on their electrical bills.</p>
~~

The state might help more consumers afford solar panels by tapping into the same bond financing that utilities have used to improve power plants and respond to storm damage.

Under bills moving through the Legislature, the state would issue revenue bonds to raise money for loans that consumers could obtain to install solar water heaters or rooftop photovoltaic systems. Consumers would repay the loans over time from the energy savings on their electrical bills. Login for more...