Strong support for SB 1173 On-bill Financing

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Position Statement

Strong support for

Name of Bill

SB 1173 On-bill Financing

Category

Energy

Description of Bill

Requires the public utilities commission to approve a program to allow for on-bill financing of energy efficiency and clean energy investments. Such a program would overcome the biggest barrier to such investments—the upfront cost—by allowing the costs to be paid off through the energy savings over time.

Hearing

Thursday, February 19, 2009 02:31 AM

Sample Talking Points

# SB1173 will make energy efficiency investments more affordable to Hawaii residents by eliminating upfront costs.
# The bill will accelerate the adoption of efficiency and clean energy investments.
# Hawaii, being the most oil dependent state in the country, must do all it can to get of of its addiction for economic, environmental, and security reasons.
# # Energy efficiency is the largest, cheapest, safest, and fastest energy option that Hawaii can implement.
# Investment in energy efficiency pays back in savings during the home or building's occupancy and use.
# Labor intensive efficient buildings will create more jobs locally, rather than sending the money on oil to foreign countries.
# Our growing energy demands call for radical improvement of efficiency programs.

Bill Progress

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