MEDIA RELEASE
A new website will manage and accept applications for Hawaii Electric Light Company’s (HELCO) Feed-in Tariff program starting at noon Wednesday, Nov. 24.
The Feed-in Tariff (FIT) is designed to encourage the addition of more renewable energy projects in Hawaii. The program offers pre-established rates and standardized contract terms which will provide an easy way for individuals, businesses, governmental entities, and other developers to sell renewable energy to HELCO.
“HELCO is committed to a sustainable clean energy future for Hawaii Island,†said Jay Ignacio, HELCO President. “The FIT is one of many tools designed to encourage more renewable energy projects in Hawaii.â€
All applications for the program must be submitted through the website. The site is operated and maintained by Accion Group, an independent third-party observer that oversees the Feed-in Tariff applications on behalf of the Hawaii Public Utilities Commission (PUC).
As approved by the PUC, the program will accept up to 10 megawatts of Feed-in Tariff projects on Hawaii Island. Qualifying renewable technologies include photovoltaic, concentrated solar power, on-shore wind, and in-line hydropower.
Questions about the Feed-in Tariff may be emailed to FIT@HECO.com.
— Find out more:
HELCO Feed-in Tariff: www.hecofitio.com
HELCO efforts to develop more renewable energy resources: www.helcohi.com
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