This is an excerpt from EERE Network News, a weekly electronic newsletter.

September 03, 2014

Hawaii Energy Offers State's First-Ever Energy Efficiency Auction

Hawaii Energy, the ratepayer-funded energy conservation and efficiency program for Hawaii, Honolulu, and Maui counties, is launching the state's first "Hawaii Energy Efficiency Auction." The auction is open to contractors, developers, energy efficiency solution providers, energy service companies, energy vendors, and property managers to submit qualified energy efficiency projects to compete for up to $2.1 million in incentive funds to offset project costs.

The Hawaii Energy Efficiency Auction is just one of many upcoming energy efficiency initiatives being developed under the Hawaii Public Utilities Commission's leadership to help electric ratepayers maximize their energy savings. The goal of the auction is to identify and enable turnkey energy efficiency projects that provide the best value.

There are two project categories. Targeted projects will focus on specific target markets or specific technologies, such as residential solar thermal water heaters for multi-family homes, LED lighting, smart thermostats, occupancy sensors, and whole-home monitors and energy management systems. Innovative projects will represent new energy efficiency technologies not currently offered by Hawaii Energy. See the Hawaii Energy news release.