Bill Text: HI SB2511 | 2024 | Regular Session | Amended


Bill Title: Relating To The Public Utilities Commission.

Spectrum: Partisan Bill (Democrat 5-0)

Status: (Engrossed) 2024-03-19 - Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Belatti, Hashem, Kong, Sayama excused (4). [SB2511 Detail]

Download: Hawaii-2024-SB2511-Amended.html

THE SENATE

S.B. NO.

2511

THIRTY-SECOND LEGISLATURE, 2024

S.D. 1

STATE OF HAWAII

 

 

 

 

 

 

A BILL FOR AN ACT

 

 

RELATING TO THE PUBLIC UTILITIES COMMISSION.

 

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

 


     SECTION 1.  Section 269-16.1, Hawaii Revised Statutes, is amended by amending subsection (b) to read as follows:

     "(b)  In developing performance incentive and penalty mechanisms, the public utilities commission's review of electric utility performance shall consider, but not be limited to, the following:

     (1)  The economic incentives and cost-recovery mechanisms described in section 269-6(e);

     (2)  Volatility and affordability of electric rates and customer electric bills;

     (3)  Electric service reliability;

     (4)  Customer engagement and satisfaction, including customer options for managing electricity costs;

     (5)  Access to utility system information, including but not limited to public access to electric system planning data and aggregated customer energy use data and individual access to granular information about an individual customer's own energy use data;

     (6)  Rapid integration of renewable energy sources, including quality interconnection of customer-sited resources; [and]

     (7)  Timely execution of competitive procurement, third‑party interconnection, and other business processes[.]; and

     (8)  The short-term and long-term retention and creation of local jobs."

     SECTION 2.  Statutory material to be repealed is bracketed and stricken.  New statutory material is underscored.

     SECTION 3.  This Act shall take effect on July 1, 2040.


 


 

Report Title:

PUC; Electric Utilities Performance Reviews; Local Jobs

 

Description:

Requires the Public Utilities Commission to consider the short-term and long-term retention and creation of local jobs in its review of electric utility performance.  Takes effect 7/1/2040.  (SD1)

 

 

 

The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.

 

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