Thursday, December 1, 2022
Hawai'i Free Press

Current Articles | Archives

Wednesday, February 22, 2012
Thielen Criticizes HB2417 Limits Solar Tax Credit to One Per Property
By Rep Cynthia Thielen @ 6:59 PM :: 7036 Views :: Energy, Environment

House Bill No. 2417 Will Hurt Hawaii's Renewable Energy Efforts and Industries  

News Release from Hawai‘i State Representative Cynthia Thielen (R, 50th District: Kailua, Kaneohe Bay)

House Bill No. 2417 (HB 2417) will limit the availability of the Hawaii Renewable Energy Technologies Income Tax Credit from one credit per system to one credit per property for both residential and commercial projects. Currently, the tax credit applies to each renewable energy system that a property owner installs. Without this tax credit for each system, many families and businesses will not be able to afford the high up-front costs of photovoltaic.

HB 2417 will impact Hawaii's overall photovoltaic industry. On February 9, 2012 in the House Committee on Energy and Environmental Protection, the Solar Energy Industries Association submitted testimony stating that the credits pertaining to each system has created hundreds, if not thousands, of jobs for Hawaii's workers, from electricians and panel installers, to sales and marketing professionals, to engineers and accountants. Consequently, if HB 2417 is passed, jobs are likely to be lost and overall photovoltaic industry would be negatively impacted.

Moreover, Representative Thielen explains that "passing HB 2417 will significantly reduce the incentive to invest in renewable energy, likely damage the renewable energy industries in Hawai‘i, and setback Hawaii's efforts to achieve 70% clean energy by 2030."

Although Hawaii's current tax credit has assisted the State in making some substantial movements towards the 70% clean energy goal, HB 2417, if passed, will significantly disrupt these efforts. For instance, according to the State of Hawaii Energy Resource Coordinator's 2011 Annual Report by Hawaii's Department of Business, Economic Development and Tourism, only 30 renewable energy systems with a total of 166 kWs were installed in 2005. Whereas with tax credits as an incentive, Hawai‘i had 2,188 renewable energy systems installed statewide with a total capacity of 12.3 MWs in 2010. Moreover, Hawai‘i ranked second in the nation in cumulative installed photovoltaic capacity per capita in 2010.

Thielen purports that "Hawai‘i is finally moving away from its dependency on costly imported oil. If HB 2417 becomes law, it would be more difficult for Hawaii's families and small businesses to afford renewable energy technologies. HB 2417 will keep Hawaii mired in oil, which is an unstable and unsustainable energy resource, and our State is likely to lose lots of money and green jobs."  


Rep. Thielen address HB 2417 Energy Technology; Tax Credit)  

Stand. Comm. Rep. No. 523-12 H.B. No. 2417, H.D. 1 RELATING TO RENEWABLE ENERGY.

(Renewable Energy Technology; Tax Credit) AS AMENDED, PASS SECOND READING, REFER TO FINANCE

Limits the claimable tax credit to each subject tax map key number rather than each renewable energy system on a subject tax map key number. Effective January 1, 2013, and applies to tax years beginning after December 31, 2012


Excerpt from Capitol TV




TEXT "follow HawaiiFreePress" to 40404

Register to Vote


808 Silent Majority

ACA Signups Hawaii

Alliance Defending Freedom

Aloha Pregnancy Care Center

American Council of Trustees and Alumni


Antonio Gramsci Reading List

A Place for Women in Waipio

Astronomy Hawaii

Back da Blue Hawaii

Ballotpedia Hawaii

Better Hawaii

Broken Trust

Build More Hawaiian Homes Working Group

Christian Homeschoolers of Hawaii

Cliff Slater's Second Opinion

DVids Hawaii


Fix Oahu!

Frontline: The Fixers

Genetic Literacy Project

Grassroot Institute

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii Coalition Against Legalized Gambling

Hawaii ConCon Info

Hawaii Credit Union Watch

Hawaii Crop Improvement Association

Hawaii Debt Clock

Hawaii Defense Foundation

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federalist Society

Hawaii Federation of Republican Women

Hawaii Future Project

Hawaii Gathering of Eagles

Hawaii History Blog

Hawaii Homeschool Association

Hawaii Jihadi Trial

Hawaii Legal News

Hawaii Legal Short-Term Rental Alliance

Hawaii Life Alliance

Hawaii March for Life 

Hawaii Matters

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Shippers Council

Hawaii Smokers Alliance

Hawaii State Data Lab

Hawaii Together



Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Navy League

Honolulu Traffic

House Minority Blog

Imua TMT

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

Investigative Project on Terrorism

July 4 in Hawaii

Kakaako Cares

Keep Hawaii's Heroes

Land and Power in Hawaii

Legislative Committee Analysis Tool

Lessons in Firearm Education

Lingle Years

Malulani Foundation

Managed Care Matters -- Hawaii

Malama Pregnancy Center of Maui

Military Home Educators' Network Oahu

Missile Defense Advocacy

MIS Veterans Hawaii

NAMI Hawaii

National Christian Foundation Hawaii

National Parents Org Hawaii

NFIB Hawaii News

No GMO Means No Aloha

Not Dead Yet, Hawaii

NRA-ILA Hawaii

Oahu Alternative Transport


OHA Lies

Opt Out Today

Patients Rights Council Hawaii

PEACE Hawaii

People vs Machine

Pritchett Cartoons

Pro-GMO Hawaii


Rental by Owner Awareness Assn

ReRoute the Rail

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

Robotics Organizing Committee

Save Dillingham Airfield

School Choice in Hawaii

Sink the Jones Act

Statehood for Guam

Talking Tax

Tax Foundation of Hawaii

The Real Hanabusa

Time Out Honolulu

Trustee Akina KWO Columns

UCC Truths

US Tax Foundation Hawaii Info

VAREP Honolulu

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii