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HI HCR112
Concurrent Resolution
Status
3/9/2017
Primary Sponsor
Chris Lee
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AI Summary
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Requests the Public Utilities Commission establish performance incentive and penalty mechanisms that tie electric utility revenues directly to achievement on performance metrics rather than capital expenditures.
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Identifies the current utility business model as misaligned with customer interests because utilities earn more revenue by increasing spending regardless of performance, resulting in higher consumer costs.
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Requires the Public Utilities Commission to submit a status report on establishing performance mechanisms and any proposed legislation to the Legislature no later than 20 days before the 2018 Regular Session.
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Directs that a certified copy of the resolution be transmitted to the Chairperson of the Public Utilities Commission.
Legislative Description
Requesting The Public Utilities Commission To Establish Performance Based Revenue Mechanisms That Directly Tie An Electric Utility's Revenues To The Utility's Achievement On Performance Metrics.
Public Utilities Commission
Last Action
Report adopted. referred to the committee(s) on FIN as amended in HD 1 with none voting aye with reservations; none voting no (0) and Representative(s) Aquino, Oshiro, Say, Thielen excused (4).
3/29/2017