Solar Scammers Pleased by SB623: Extends Solar Tax Credit Giveaway

HSEA COMMENDS STATE SENATE APPROVAL OF RENEWABLE ENERGY TAX CREDIT BILL

Tax Credits Support Local Economy, Hawaii’s Renewable Energy Goals

News Release from HSEA HONOLULU Feb 27 2013

HSEA Executive Director Leslie Cole-Brooks released the following statement on the passage of SB 623 SD 1 today by the Senate Ways and Means Committee:

(We have corrected it for accuracy)

“HSEA commends the Senate Ways and Means Committee for passing out SB 623 SD 1, which will close (reopen) renewable energy tax credit loopholes (that DoTax already closed) while ensuring that these tax credits remain available to consumers. (Multiple) Renewable energy tax credits (per house) significantly increase affordability and accessibility of solar systems to consumers and businesses and are an essential part of a comprehensive set of policies needed to lead Hawaii to its renewable energy goals.

“Renewable energy tax credits already have and will continue to benefit the entire State of Hawaii, membership of HSEA, which is made up of not just those individuals and businesses that take advantage of them. Not only do these credits encourage positive changes in consumer behavior, (everybody to loot the General Fund) they also save (cost) Hawaii billions of dollars annually that would otherwise be spent on imported foreign oil, (something important like an HSTA contract or a tax cut or something like a Rail transit system) thus helping to keep money in Hawaii where it creates local jobs and generates additional tax revenue.”

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Reality: Why Stop at $500K? DoTAX Quietly Multiplies Hawaii Solar Tax Credit, UHERO: Solar Tax Credits Could Cost $1.4B, HB497: Extends Solar Tax Credit Giveaway for a Few More Years

About the Hawaii Energy Solar Association

Founded in 1977, the Hawaii Solar Energy Association (HSEA) is a nonprofit, professional trade organization whose members are dedicated to providing quality (quick and shoddily installed) solar products and services to Hawaii’s residents and businesses. With more than 70 members, including installers, distributors, manufacturers, auditors, and financiers (Banks, Brokerages, sometimes tobacco companies) of solar water heating and photovoltaic systems, a majority of which are (not) locally owned and operated, HSEA is the leading voice of Hawaii’s solar industry. In support of Hawaii's Clean Energy Initiative, HSEA works directly with utilities, government agencies and lawmakers to create green money jobs for (from) Hawaii's economy and help ensure that affordable solar systems are accessible to local consumers (thanks to lots of tax credits). Learn more at www.hsea.org.