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Energy in Hawaii

Overview of energy resources in Hawaii, US

  • 4 min read
  • 5 chapters

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Through Energy development, Fossil fuel and Renewable resource

As of 2021 renewable energy made up 34.5% on Oahu, Maui and the island of Hawaii.

As of September 2024, the average cost of electricity in Hawaii was $0.41 per kilowatt-hour second only to California's average rate of $0.45 per kilowatt-hour.

Legislation

HB 3179 made it easier for biofuel producers to lease state lands. SB 3190 and HB 2168 authorized special purpose revenue bonds to help finance a solar energy facility on Oahu and hydrogen generation and conversion facilities at the Natural Energy Laboratory of Hawaii Authority, located on Hawaii island.

In 2010 SB 644 mandated solar water heaters for new construction, with some exceptions. The bill eliminated solar thermal energy tax credits for homes.

SB 988 allowed the Hawaii Public Utility Commission to establish a rebate for photovoltaic systems, and HB 2550 encouraged net metering for residential and small commercial customers.

In 2008 HB 2863 provided streamlined permitting for new renewable energy facilities of at least 200 megawatts capacity. HB 2505 created a full-time renewable energy facilitator to help the state expedite permits. HB 2261 provided loans of up to $1.5 million and up to 85% of the cost of renewable energy projects at farms and aquaculture facilities.

HRS 235 established an income tax credit for photovoltaic systems of the lesser of 35% of the cost or $5,000.

On January 28, 2008, the State of Hawaii and the US Department of Energy announced the Hawaii Clean Energy Initiative, which established the commitment for renewable resources to supply 70 percent of Hawaii's energy needs by 2030.

The Initiative intended to work with public and private partners on renewable energy projects including: designing cost-effective approaches for 100 percent use of renewable energy on smaller islands, improve grid stability while incorporating variable generating sources and expanding Hawaii's capability to use locally grown crops for producing fuel and electricity.

Partners include United States Department of Energy - EERE, the state of Hawaii, Hawaiian Electric Company, Phoenix Motorcars.

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