HB 2616 Summary

• Establishes a funding program administered by the Public Utilities Commission to incentivize installation, maintenance, and upgrade of electric vehicle charging systems and infrastructure throughout Hawaii.

• Increases petroleum tax deposited into the Electric Vehicle Charging System Subaccount from 3 cents to 10 cents per barrel, with up to 60% of subaccount funds allocated to the new charging infrastructure program.

• Prioritizes funding for publicly available charging systems, systems serving multiple users or fleets, facilities in low-income or environmental justice communities, and systems that support grid services and renewable energy integration.

• Allows the Public Utilities Commission to contract with a third-party administrator to operate the program, with administration costs capped at 15% or a reasonable percentage as determined by the commission.

• Takes effect July 1, 3000.