The GEMS Status Conference with the Hawaii Green Infrastructure Authority (HGIA) took place on July 19, 2025, under the oversight of the Public Utilities Commission. The meeting focused on the current state of the Green Energy Market Securitization (GEMS) program and its funding challenges.

The session began with discussions on the financial constraints faced by ratepayers, who often have limited funds available for energy-related investments. Participants noted that while incentives for energy systems are available, the benefits vary depending on ownership. Homeowners can receive upfront incentives directly, while third-party system owners may pass these benefits to investors.

A significant portion of the meeting was dedicated to exploring future funding opportunities for the GEMS program. One participant raised concerns about the fluctuating state budget allocations for GEMS, referencing a previous request for $300 million that was ultimately reduced to $50 million due to budget cuts. The discussion highlighted the importance of legislative support in securing funding, as the willingness of legislative sponsors to advocate for the program plays a crucial role in its financial viability.

Despite the challenges posed by budget constraints, the participants expressed gratitude that GEMS retained some funding while other programs faced complete cuts. The meeting concluded with an acknowledgment of the ongoing efforts to secure additional funding and the need for continued advocacy to support the GEMS initiative.

Overall, the conference underscored the critical need for stable funding to ensure the success of Hawaii's green energy initiatives and the importance of legislative backing in navigating budgetary pressures.