DBEDT ISSUES FINAL CALL FOR CLEAN ENERGY EVENT SPONSORSHIPS

For immediate release: January 25, 2017

HONOLULU – The Department of Business, Economic Development and Tourism’s (DBEDT) Hawaii State Energy Office (HSEO) is announcing the last call to apply for up to $10,000 in fiscal year 2017 sponsorship funding for events which assist in the efforts to raise awareness and garner support of Hawaii’s clean energy goals.

Proposals must be received no later than February 1, 2017, at 4:30 p.m. (Hawaii Standard Time).

In order to qualify for sponsorship funding, events should align with HSEO’s overall objectives, which include the following:

  • Increasing awareness and support for the state’s goal in the electricity sector of achieving 100 percent renewable energy by 2045;
  • Promoting various HSEO programs; delivering HSEO’s message to a clean energy audience;
  • Forming partnerships with organizations that support HSEO’s mission; and
  • Leveraging funds for a broader reach to a clean energy audience

Sponsored events must be completed by June 30, 2017.

HSEO follows five energy policy goals as it leads the state’s clean energy transformation: (1) diversifying Hawaii’s energy portfolio; (2) connecting and modernizing electric utility grids; (3) balancing technical, economic, environmental, and cultural considerations; (4) leveraging the state’s position as an innovation test bed; and (5) creating an efficient marketplace that benefits producers and consumers.

For additional details regarding evaluation criteria, general responsibilities and requirements, please visit https://spo3.hawaii.gov/notices/notices/rfp-17-019-sid.

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ABOUT HAWAII STATE ENERGY OFFICE The Hawaii State Energy Office (HSEO) is a division of the state’s Department of Business, Economic Development and Tourism. With the state’s goal to reach 100 percent renewable energy generation by 2045, HSEO is leading the state’s charge toward clean energy independence. HSEO is committed to developing and deploying high impact solutions that will maximize Hawaii’s renewable energy resources and improve efficiency and transportation standards. Through effective policies and innovative programs, HSEO has positioned Hawaii port as a leader in clean energy innovation, which will generate quality jobs, attract investment opportunities and accelerate economic growth. For more information, visit energy.hawaii.gov.

MEDIA CONTACT
Alan Yonan Jr.
Communications Officer
DBEDT State Energy Office
(808) 587-3860
[email protected]

DBEDT ACCEPTING FORMS FOR RENEWABLE FUELS TAX CREDIT

For Immediate Release: Jan. 11, 2017

HONOLULU —  The  Department of Business, Economic Development and Tourism (DBEDT) is now accepting notifications from renewable fuels producers planning to pursue Hawaii’s new renewable fuels tax credit.

Taxpayers wishing to claim the credit are required, among other things, to provide written notification to DBEDT of their intent to begin production of renewable fuels. Additionally, they are required to file a notification 30 days before the start of production. Notification forms and instructions can be downloaded at: https://energy.hawaii.gov/developer-investor. For a full listing of renewable fuels tax credit requirements taxpayers should review Section 235-110.31 of the Hawaii Revised Statutes.

Gov. David Ige signed into law Act 202 in July 2016 establishing a renewable fuels production tax credit that allows producers of renewable fuels from a variety of feedstocks to claim the credit for a period of up to five consecutive years.

To qualify for the credit taxpayers must produce at least 15 billion British thermal units (Btu) of renewable fuels per year. The credit is equal to 20 cents per 76,000 Btu of renewable fuels. The credit is capped annually at $3 million per taxpayer, and $3 million in the aggregate.

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ABOUT HAWAII STATE ENERGY OFFICE

The Hawaii State Energy Office (HSEO) is a division of the state’s Department of Business, Economic Development and Tourism.  With the state’s goal to reach 100 percent renewable energy generation by 2045, HSEO is leading the state’s charge toward clean energy independence. HSEO is committed to developing and deploying high impact solutions that will maximize Hawaii’s renewable energy resources and improve efficiency and transportation standards. Through effective policies and innovative programs, HSEO has positioned Hawaii port as a leader in clean energy innovation, which will generate quality jobs, attract investment opportunities and accelerate economic growth.

For more information, visit energy.hawaii.gov

MEDIA CONTACT:
Alan Yonan Jr.
Communications Officer
DBEDT State Energy Office
(808) 587-3860
[email protected]

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