Grid Solar Supply

For a short time, MECO is processing Maui Customer Grid Supply Solar solar applications again, without the need for batteries.  This won’t last long! Right now, you have an opportunity to get your solar PV system pre-approved, and save you thousands of dollars, since you can do it without batteries. If you are even contemplating solar PV, you should submit an application now. This will keep your options open for the next 18 months. Pacific Energy does not charge an application processing fee, like almost all other solar companies. Contact Pacific Energy to submit an application within the next few weeks, to be sure you can take advantage of this opportunity. Please tell your clients, friends and family.
*Disclosure: The owner of Pacific Energy is related to the owners of Maui Luxury Real Estate.

Makena Project To Move Forward

Maui Planning Commission received just enough votes to move forward with the proposed Makena Resort Project.  The proposed 158 Unit project would include 88 multifamily units, 20 single family cottages, 26 single family customs lots, 10 vacation rentals, and a resort oriented 14 condos and commercial space.

The planning commission has been presented with alternative plans that would include affordable workforce housing in one of the buildings.  Other proposed alternatives would be moving larger structures inward and have smaller structures be road side.

To read this entire article, visit the Maui News website here.

For more information email us at Hansens@MauiReal Estate.Net of Maui Luxury Real Estate LLC, Wailea Town Center, Maui Hawaii.

Fed Likely To Raise Interest Rates This Month

Federal Reserve chairwoman Janet L. Yellen, stated Friday that the Fed was likely to raise the benchmark interest rate this month.  This increased rate is coming sooner than expected.  The last benchmark rate increase occurred in December.  The rate was increased from .5 percent to .75 percent.

With healthy unemployment rates at 4.8 percent the Fed considers inflation rising back to 2 percent to be considered optimal.  Ms. Yellen expects further increases in upcoming years to maintain a neutral stance.

Information provided by the New York Times.  You can read the entire article here.

New Postage Rate!

Don’t forget this Sunday January 22nd the postage rates have increased! New stamp rate is $.49. Other rates for various priority and first class mail services are available to view via the US Postal site here.

Last Day!

Just a reminder…..Last Day to file for property exemption!

The Hansen Ohana wishes you a phenomenal 2017!