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HI SB2511
Bill
AI Summary
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Amends Hawaii Revised Statutes Section 269-16.1(b) to add a new criterion for the Public Utilities Commission's review of electric utility performance.
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Requires the PUC to consider the short-term and long-term retention and creation of local jobs when developing performance incentive and penalty mechanisms for electric utilities.
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Adds this jobs consideration as item (8) to the existing list of performance review factors, which already includes rate affordability, service reliability, customer satisfaction, renewable energy integration, and competitive procurement execution.
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Effective date is July 1, 3000 (note: this appears to be a drafting error as the intended effective date was likely July 1, 2024).
Legislative Description
Relating To The Public Utilities Commission.
PUC
Last Action
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).
3/19/2024