Bill Text: HI HB1939 | 2014 | Regular Session | Amended
Bill Title: Clean Energy Initiative; Renewable Portfolio Standards
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2014-02-26 - The committee(s) on CPC recommend(s) that the measure be deferred. [HB1939 Detail]
Download: Hawaii-2014-HB1939-Amended.html
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HOUSE OF REPRESENTATIVES |
H.B. NO. |
1939 |
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TWENTY-SEVENTH LEGISLATURE, 2014 |
H.D. 1 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO CLEAN ENERGY.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. The legislature finds that Hawaii's dependency on imported fuel drains our economy of billions of dollars each year. A stronger local economy depends on a transition away from imported fuels and toward renewable local resources that provide a secure source of affordable energy.
The legislature further finds that alternative energy technologies have advanced significantly in recent years leading to an explosion of new markets, jobs, and local energy sources. Due to these and other advances, Hawaii is currently ahead of its timeline in reaching its goal of becoming forty per cent renewable by 2030.
The legislature also finds that Hawaii is in a period of energy transition, with many long-term agreements soon to be executed for new forms of imported fuels that may act as temporary "bridge" fuels until local sources of renewable energy can be developed.
The purpose of this Act is to:
(1) Establish a one hundred per cent renewable portfolio standard and in turn eliminate Hawaii's dependence on imported fuels to generate electricity; and
(2) Require the public utilities commission to investigate the feasibility of updating and extending the Hawaii clean energy initiatives program plans and renewable portfolio standards to ensure maximum long-term benefit to Hawaii's economy. This will ensure that Hawaii moves beyond its dependence on imported fuels and continues to grow a local renewable energy industry.
SECTION 2. Section 269-92, Hawaii Revised Statutes, is amended to read as follows:
"§269-92 Renewable portfolio standards. (a) Each electric utility company that sells electricity for consumption in the State shall establish a renewable portfolio standard of:
(1) Ten per cent of its net electricity sales by December 31, 2010;
(2) Fifteen per cent of its net electricity sales by December 31, 2015;
(3) Twenty-five per cent of its net electricity sales by December 31, 2020; and
(4) Forty per cent of its net
electricity sales by December 31, 2030[.];
provided that each electric utility company that sells electricity for consumption in the State shall establish a renewable portfolio standard goal of one hundred per cent of its net electricity sales."
SECTION 3. (a) The public utilities commission shall investigate and produce a report containing recommendations on the feasibility of updating and extending the Hawaii clean energy initiatives program plans and renewable portfolio standards to include benchmarks beyond 2030. The report shall include incremental goals within a timeline for reaching an ultimate goal of one hundred per cent renewable energy.
(b) The public utilities commission shall submit its report to the legislature, including findings, recommendations, and any proposed legislation, no later than twenty days prior to the convening of the regular session of 2015.
SECTION 4. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 5. This Act shall take effect upon its approval.
Report Title:
Clean Energy Initiative; Renewable Portfolio Standards
Description:
Requires that each electric utility company that sells electricity for consumption in the State develop a renewable portfolio standard goal of one hundred per cent of its net electricity sales. Requires the Public Utilities Commission to investigate the feasibility of updating the Hawaii Clean Energy Initiatives Program plans and Renewable Portfolio Standards to include benchmarks beyond 2030 and report its findings to the legislature. (HB1939 HD1)
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
