Environmental
What is Hawaii's state policy on 'renewable energy' and how does it affect real estate development?
AA. Hawaii has no state renewable energy policy; development is governed by federal law only
BB. Hawaii has a 100% Renewable Portfolio Standard goal by 2045; state policy strongly supports solar, wind, and other renewables—solar installations are common on Hawaii properties and affect both construction requirements and property values✓ Correct
CC. Renewable energy in Hawaii only applies to commercial properties; residential is excluded
DD. Hawaii's renewable energy policy creates additional fees for new construction but has no positive effects on property values
Explanation
Hawaii has enacted aggressive renewable energy goals (100% RPS by 2045) and has the highest rooftop solar penetration rate in the US. State policy supports solar development through net metering, tax credits, and permitting frameworks. New construction requirements increasingly incorporate energy efficiency. Solar panels are now standard on many Hawaii homes and add measurable property value.
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