HB785

Extends Hawaii's energy-efficiency portfolio standards to 2045 and revises interim goals.

This bill extends Hawaii's energy-efficiency portfolio standards to 2045, setting new interim goals for electricity use reduction. The Public Utilities Commission will evaluate and revise these standards every five years, ensuring they remain effective and achievable. The bill also allows the commission to establish incentives and penalties based on performance in achieving these standards. The purpose is to continue developing and overseeing the state's energy-efficiency portfolio standards beyond 2030.