GEM$: Turn Your Electric Bill
Into Energy Independence
Refinance your HECO/HELCO bill with solar + storage, lock-in fixed rates for immediate savings.
The Green Energy Money Saver On-Bill Loan PRogram
What is GEM$?
The Green Energy Money $aver on-bill loan program is offered exclusively by the Hawaii Green Infrastructure Authority, and available through Sunspear Energy as your approved GEM$ contractor. It is an innovative on-bill solar financing program — no credit check, no minimum, no upfront cost, just immediate savings.
Reduce your monthly
energy bill
Affordable solar made easy:
- Immediate estimated bill savings
- 25 yr financing at below-market, fixed 5.5% per annum rate
- No minimum income, no credit check
- Payments on monthly electric bill
- Loan tied to the meter, not the person
- You own the system and collect incentives
- Available to homeowners, renters, landlords
- Includes SolarInsure, 30-year insurance-backed warranty
No Credit Check.
No Minimum Income.
Affordable solar with NO credit check. This program helps Hawaii residents avoid the rising cost of grid power while gaining access to energy security.
Fixed 5.5% rate.
25 Year Financing.
Offset your electricity usage with solar+storage to lock-in a lower, predictable payment. No prepayment penalty and you benefit directly from available incentives and utility programs like the state tax credit and BYOD+.
On-Bill Payments.
Off-Grid Security.
You pay for solar on your HECO/HELCO bill, the same amount every month. No surprises. When the grid goes down, you have power.
You're already paying into GEMS. now see if you can benefit!
Do I Qualify?
Every Hawai’i ratepayer helps fund the GEMS program through their electric bill. Qualified rate payers can use it to access affordable solar + battery financing designed to lower energy costs and increase energy independence.
The GEMS program is open to Hawaii residents who are HECO/MECO/HELCO customers with a minimum of 6 months of history with the utility. Applicants must meet the income threshold by family size per the LMI Schedule for their county.
GEMS uses the HUD low-to-moderate income schedule by family size to determine eligibility. Given Hawaii’s high cost of living, the LMI schedule includes what many consider to be a middle-class income. As long as the combined household income is not over the 140% mark for the number of people in your household, you likely will meet the income criteria. For example, an O’ahu family of 5 (five people living under one roof, including kids, grandparents, etc) where the combined annual income is less than $212,800, would meet the LMI requirement.
Sunspear is very experienced with GEMS and your energy consultant will assist you through the application, approval, acceptance, and installation process. Visit GEMS Quick Guide to review the steps.
- You will need to create an account on HGIA’s Banyan portal to submit an application. For instructions on applying, please watch the Video Tutorial Playlist.
- Please have the following documents ready to apply:
- Copy of a valid, government‑issued I.D.
- Most recent electric utility bill
- Copy of DHHL Lease (if you are a DHHL Lessee)
The legal homeowner, or tenant, and primary ratepayer (person listed in the upper lefthand corner of the utility bill) at the installation address should fill out the application.
Applicant Requirements:
- Must be a HELCO, MECO, or HECO customer
- Must have 6 months of history with the utility
- Must meet the LMI schedule for their county
Solar Project Requirements:
- Energy improvement must be on the EI list
- Contractor must be GEM$ approved (we are)
- Must meet post-installation savings requirements
How Do I Apply?
Before you apply, you should get started by meeting with a Sunspear Energy Consultant. You will need to know if your project meets GEMS’ energy savings requirements. Our team has assisted many homeowners on O’ahu and Big Island to go solar through the GEMS program. Success begins with a custom solar design that meets your family’s energy needs and savings requirements, as well as clear understanding of the GEMS application steps and timeframes.
- Get a custom solar + storage design and quote
- Review LMI schedule to confirm you meet the income standards
- Gather necessary documents to apply
See how much you could be saving
Solar Panels & Home Battery Storage
CALL 808.400.9050 FOR A QUOTE
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