| Implementing Sector | Local |
|---|---|
| Category | Financial Incentive |
| State | Hawaii |
| Incentive Type | Property Tax Incentive |
| Web Site | https://www.realpropertyhonolulu.com/help-resources/ordinances/ |
| Administrator | City and County of Honolulu, Real Property Tax Assessment Division |
| Start Date | 10/01/2009 |
| Eligible Renewable/Other Technologies | Solar Water Heat, Solar Thermal Electric, Solar Photovoltaics, Wind (All), Biomass, Municipal Solid Waste, Combined Heat & Power, Landfill Gas, Tidal, Wave, Solar Pool Heating, Wind (Small), Anaerobic Digestion |
| Applicable Sectors | Commercial, Industrial, Residential |
| Incentive Amount | 100% exemption for 25 years |
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.
| Name | Honolulu City Council Bill 58 |
|---|---|
| Effective Date | 10/1/2009 |
| Name | Revised Ordinances of Honolulu 8-10.15 |
| Effective Date | 10/1/2009 |
