HI HR141

Requests the Public Utilities Commission establish a moratorium on electricity rate increases by any electric utility until June 30, 2014, except when extraordinary circumstances justify an increase.

Cites Hawaii's high cost-of-living paired with stagnant wages and high unemployment as justification for rate freeze to stabilize household finances.

Requests the Public Utilities Commission consider modifying the automatic fuel adjustment clause for electric utilities, noting that other Hawaii businesses lack similar automatic cost adjustments.

Directs certified copies of the resolution be sent to the Director of Finance and the Chairperson of the Public Utilities Commission.