Background: Proposed Laws to Accelerate Clean Energy Storage
Good news. Two energy storage bills have survived to the end of the legislative session.
Bad news. Those two bills conflict with each other. Without your help, both may fail to even get a vote.
Senate Bill 2738
would raid the state's green energy loan fund to issue rebates when battery systems are installed at a home or business. This isn't the right approach. Money given away as rebates would never again be available for clean energy loans. The rebates would be limited only to energy storage using batteries. But there are other ways to store energy, such as in smart water heaters and air conditioners. We will be better off with more storage options.
House Bill 2291
would scale down the solar tax credits that have been so successful in moving Hawaii away from oil. Energy storage technologies would become eligible for the reduced tax credit. But we have a chicken and egg problem. The solar industry in Hawaii is facing severe limits on the amount of new solar energy it can install. Energy storage can help fix that situation, but scaling back renewable energy incentives could shrink the industry before more energy storage is installed. Moreover, this bill was originally slated to make sure that 100% renewable energy means 100% renewable energy, by closing a loophole that might allow for fossil fuel energy. The latest bill deleted that important fix.
Action Alert: Be Ready to Tell Legislators that you Support Energy Storage and 100% Clean Energy
In the coming week, a committee of senators and representatives will examine these two bills and try to reach agreement. Blue Planet needs support from a broad spectrum of residents and businesses, to let legislators know that Hawaii wants to accelerate energy storage and clean energy in a smart way.
We are working to build consensus on a bill that will:
Provide tax credits to all types and sizes of clean energy storage
Keep the state's green energy loan fund intact
Close the fossil fuel loophole, and make sure that our 100% clean energy really means 100%
Protect thousands of jobs and businesses in the solar energy industry
Stay tuned for an update from us on when and how you can make your voice heard!
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