HRS §196-113
Solar hui investment fund
This section creates a state fund for solar projects. Money goes in from lawmakers, property owners, and other sources. The fund can pay for solar systems for low- and moderate-income homes, energy projects, and program costs.
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The statute, as written — Solar hui investment fund
(a) There is established the solar hui investment fund into which shall be deposited the following: (1) Appropriations by the legislature; (2) Investments received from multi-family residential property owners; (3) All other money received for the fund from any other source; and (4) All income and interest earned or accrued on moneys deposited into the fund. (b) The solar hui investment fund may be used to: (1) Enter into energy services agreements with low- and moderate-income households to install a solar energy system; (2) Invest in energy projects; (3) Pay administrative costs of the solar hui program; or (4) Pay any other costs related to the solar hui program.
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