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The Honolulu Advertiser
Posted on: Wednesday, August 12, 2009

Hawaii renewable-energy projects could get tax break


Associated Press

HONOLULU — The Honolulu City Council’s Budget Committee has advanced a measure to give a real property tax exemption for renewable-energy improvements.

The bill introduced by Councilman Charles Djou would exempt such renewable-energy improvements as solar and wind farms from real property taxation.
Djou said after Wednesday’s vote that the measure would make it a little easier for entrepreneurs to initiate renewable-energy projects.
He says it would also help preserve Oahu’s open space by encouraging renewable-energy production on vacant land and reduce pressure for more urban development.