Greater Access to Clean Energy Improvements
The Green Energy Market Securitization Program (GEMS) is an innovative, sustainable green financing initiative designed by the Hawaii State Energy Office to make clean energy improvements more affordable and accessible for Hawaii consumers. The program, signed Act 211 into law on June 27, 2013 by Governor Neil Abercrombie, provides low-cost capital to finance solar photovoltaic systems and other clean energy improvements for those who may otherwise have difficulty obtaining financing for these projects. Low-credit homeowners and renters, as well as nonprofits are among those who will qualify for project financing through GEMS.
Read more: Non-Profit