Solar Industry Magazine
Hawaiian Electric, Maui Electric and Hawaii Electric Light Co. have asked the Hawaii Public Utilities Commission (PUC) to approve a program that the utilities say would provide immediate solar water heating savings to residential customers at no up-front cost.
Under the proposed Simply Solar program, each utility would provide funding to install solar water heating on qualifying residential properties. Participating residents would experience an immediate reduction in monthly bills, while a portion of the savings from solar water heating each month would go to repay the cost of the installation. The savings and repayment would attach to the property, not the customer, which should appeal to renters and landlords as well as homeowners, the utilities say.