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Hawaii Among Top 10 Renewable Energy States

Hawaii has returned to its No. 10 spot on the renewable energy index by Clean Edge.
June 12, 2015

Hawaii Among Top 10 Renewable Energy States

South Maui Real EstateIf you're considering a move to Maui, evaluating the cost of living is a natural step, especially if you plan to buy real estate. Whether you plan to live in it full time or part time, you've probably thought about what your utility bills would be like, in addition to your mortgage. Some good news has recently come down the pipeline on Hawaii's energy status.

A study recently revealed that Hawaii is among the top ten clean energy states. That's according to Clean Edge, a renewable-energy research and advisory firm that provides an annual report on the U.S. Clean Tech Leadership Index. That index is based on the tracking and ranking of clean technology activities throughout the nation, evaluating all the states individually, along with the 50 largest metro areas in the nation.

Hawaii's position in the list has fluctuated over the years, but its average rank has been climbing. For example, we were at No. 19 in 2010, but came up to No. 10 in 2013 and 2015, despite slipping to 12th in 2014. Considering our new goal to run on 100 percent renewable energy by 2045, our position in the list is likely to climb significantly in the coming years. Now that the governor has signed this clean energy bill into law, we are the first state to have a 100 percent clean energy goal, but more on that in our next blog.

The index tracks factors like electric vehicles, the use of renewable energy sources, and even patent and investment technology. Those last two are probably why states like California and New York are in the top five. Both contain some hot spots for the development of new technology.

The report highlighted the use of wind and solar power throughout the nation. When combined, these energy sources made up 47 percent of new generation capacity. The report also found that 11 states are now generating over 10 percent of their electricity from (non-hydro) renewable energy sources. At this time, Hawaii is using 21 percent renewable energy, in fact. Hawaii came in second in the nation for electric vehicles per capita, and ninth for green buildings per capita.

It's becoming more and more common that people who buy South Maui real estate also invest in solar panels to reduce their utility bills. Hopefully, the transition to renewable energy statewide will also bring those bills down, as intended by our new energy goal. If you have any questions about living on Maui, and buying real estate here, we'd be happy to put our expertise to use for you. Our contact information can be found at the bottom of the page, if you should need us. Mahalo!

Blogs for June 2015

Why Choose South Maui Real Estate

Posted on June 26, 2015
Why Choose South Maui Real Estate?

Many prospective Maui home owners deliberate long and hard about which part of the island they want to live in. It's a decision that will change your life, no matter where you go, and there are qualities to certain areas that help ensure that the… Continue Reading

Hawaii Governor Signs Bill for 100 Percent Renewable Goal

Posted on June 19, 2015
Hawaii Governor Signs Bill for 100 Percent Renewable Goal

Back in mid May, we blogged about the legislature passing the bill that would establish a 100 percent renewable energy goal for the state of Hawaii. At that time, all that remained was for Governor Ige to sign it into law, which… Continue Reading

Hawaii Among Top 10 Renewable Energy States

Posted on June 12, 2015
Hawaii Among Top 10 Renewable Energy States

If you're considering a move to Maui, evaluating the cost of living is a natural step, especially if you plan to buy real estate. Whether you plan to live in it full time or part time, you've probably thought about what your utility bills… Continue Reading

New Walgreens Planned for South Maui

Posted on June 05, 2015
New Walgreens Planned for South Maui

Things are marching right along for South Maui real estate, and some interesting developments are in the works. Namely, a new Walgreens will be built in Kihei, and is expected to be open by 2017. The drugstore stocks a lot of convenient items, but the… Continue Reading

What are the Top Maui Real Estate Property Searches

Posted on June 04, 2015

Looking to purchase real estate in Maui? As buyers search Maui homes for sale on our website, our own research has shown us that they are mostly interested in purchasing residential homes and condominiums located in South Maui. Kihei being the most popular search, it has many beautiful beaches and… Continue Reading

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Mark and Lisa

Mark A Harbison
R(B) (GRI) (CIPS) (TRC)

Mark@RealEstateMauiHawaii.com

(808) 283-3785

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