Federal Funding

Hawaii Energy has been tracking federal funding opportunities related to clean energy and has identified which ones would benefit the state and local businesses.

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Inflation Reduction Act

The passage of the Inflation Reduction Act in August 2022 energized many in the clean energy industry by making available nearly $370 billion in tax incentives, grants and other investments for clean energy, clean transportation, energy storage and energy efficiency. Hawaii households can currently receive federal tax credits for energy-efficient appliances and home repairs/improvements including, but not limited to:

The IRA also includes a Home Energy Rebate Program, which is expected to begin in 2024. The two provisions in the Program – Home Efficiency Rebates and Home Electrification & Appliance Rebates – total $8.8 billion in funding. Details and eligibility specifications on these rebates have yet to be announced. [last updated 7/1/2023]

Infrastructure Bill

Signed in 2021, the Bipartisan Infrastructure Investment and Jobs Act (IIJA, or Infrastructure Bill) is providing $1 trillion in funding to be shared between states and local governments to upgrade outdated infrastructure, such as roads, bridges, broadband and energy projects.

There are two pathways to access the funding —a portion will go directly to state and government agencies via formula funding, while the remainder will be made available to a wider audience through competitive grants.

In the energy sector, there are a variety of opportunities for the implementation of energy efficiency-related measures and improvements. In the transportation sector, U.S. Senator Brian Schatz announced on February 10, 2022 that Hawaii will receive more than $2.6 million in new funding to expand its network of electric vehicle charging stations. Schatz said that funds can be applied for the installation and operation of EV charging stations.

For a complete list of energy-related opportunities, please visit the Hawaii Energy Policy Forum’s dedicated webpages:

Hawaii Energy-related News Clips


Infrastructure Investment and Jobs Act

Inflation Reduction Act