§196-61 Definitions. As used in this part:

"Authority" means the Hawaii green infrastructure authority as established under section 196-63.

"Bond" means any bond, note, and other evidence of indebtedness that is issued by the State pursuant to part X of chapter 269.

"Clean energy technology" means any technology as defined in section 269-121(b).

"Cost-effective" means that utility bill savings are achieved by the installation of an energy-efficiency measure; provided that the utility bill savings exceed the energy-efficiency measure's installation and carrying costs in an amount sufficient to repay a loan issued pursuant to section 196-62.5 and in the manner required by that section.

"Department" means the department of business, economic development, and tourism, or any successor by law.

"Director" means the director of business, economic development, and tourism, or the director's designee.

"Energy-efficiency measure" means any type of project conducted, or technology implemented, to reduce the consumption of energy in a public building. The types of projects conducted or technology implemented may be in a variety of forms but shall be designed to reduce electric utility costs.

"Financing order" means the same as defined in section 269-161.

"Financing party" means the same as defined in section 269-161.

"Green infrastructure bond fund" means the special fund created pursuant to section 196-67.

"Green infrastructure charge" means the on-bill charges for the use and services of the loan program, including the repayment of loans made under the loan program, as authorized by the public utilities commission to be imposed on electric utility customers.

"Green infrastructure costs" means costs incurred or to be incurred by the electric utility customers to pay for clean energy technology, demand response technology, and energy use reduction and demand side management infrastructure including, without limitation, the purchase or installation of green infrastructure equipment, programs, and services authorized by the loan program.

"Green infrastructure equipment" means infrastructure improvements, equipment, and personal property to be installed to deploy clean energy technology, demand response technology, and energy use reduction and demand side management infrastructure.

"Green infrastructure fee" means the same as defined in section 269-161.

"Green infrastructure loan program order" means the same as defined in section 269-161.

"Green infrastructure property" means the same as defined in section 269-161.

"Green infrastructure special fund" means the special fund created pursuant to section 196-65.

"Loan program" and "green infrastructure loans" means the program established by this part and loans made to finance the purchase or installation of green infrastructure equipment for clean energy technology, demand response technology, and energy use reduction and demand side management infrastructure, programs, and services as authorized by the public utilities commission using the proceeds of bonds or other proceeds.

"Revolving line of credit" means a type of credit in which loan advances are made for eligible purposes and where repaid principal deposited back into the sub-fund may be re-borrowed.

"Sub-fund" means a separate fund established within the Hawaii green infrastructure special fund for a specific purpose. [L 2013, c 211, pt of §2; am L 2018, c 121, §3]