The Green Energy Money $aver (GEM$) On-Bill Program – Solar for All Hawaiʻi (SFA-HI) is an innovative financing program for homeowners and renters offered exclusively by the Hawaii Green Infrastructure Authority that features:

• Immediate estimated bill savings
• Elimination of credit barriers
• Obligation tied to the utility meter (not a person)
• Program Charge payments conveniently made with your monthly electric utility bill
• Long-term financing of up to 25 years (for a more cash-flow friendly option) at a below-market, stated fixed rate of 4.99% per annum
• Homeowner or landlord will own the system. System owners may be eligible for tax benefits. Please contact your tax advisor for more information.

By tying the GEM$ on-bill obligation to the electric utility meter, HGIA is able to offer its inclusive financing program to homeowners and renters, as the obligation transfers from ratepayer to ratepayer.

1. The electric utility ratepayer (e.g., homeowner or renter) is the “Applicant” (please note, however, if the ratepayer is a renter, the property owner(s) will also need to complete an application and execute program documents).  Interested Ratepayer(s) should submit an application via HGIA’s online portal through Banyan Infrastructure. For instructions, please watch this video: https://app.banyaninfrastructure.com/public-login/f4b448ff-c61f-4197-b739-758accf5bc30?access=phsULGshFo0W6kDT 
2. During the loan underwriting process, HGIA will communicate with the applicant via the Banyan Infrastructure portal. All updates and communications will be done through comments on the Banyan Portal application. The applicant will also receive emails with updates. Please note that it takes approximately 4 weeks for HGIA to receive necessary documents from the utility to complete processing.  Following the receipt of said documents, applications may be required other ratepayers on the electric utility account before your application can be approved as Step 1 Eligible. Please click here for more information on the review process in Banyan.
3. Upon receipt of solar system and storage information from your selected Contractor, HGIA will underwrite the proposed system to determine if the Project’ meets the required minimum estimated bill savings threshold to be Step 2 approved.
4. Upon loan approval, execution of program documents, and receipt of a valid Certificate of Insurance naming HGIA as Lender Loss Payee, HGIA will send a notice to proceed to your Contractor to install the Energy Improvement.
5. HGIA will pay your Contractor once the system is installed and interconnected with the electric utility.
6. Your program charge will conveniently appear on your monthly HECO, MECO, or HELCO bill as part of a single payment to your utility

Landlords/Property Owners

The GEM$ On-Bill Program was designed to provide split incentives and innovative repayment mechanisms to increase landlord/property owner participation.

HGIA will work directly with property owners on program requirements.  Please contact [email protected] for more information.