Categorized | Business, Energy

HELCO feed-in tariff applications now online

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.”

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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