Hawaii HB978 grants the Public Utilities Commission authority to appoint a receiver for investor-owned electric utilities facing imminent service.

Hawaii HB978 addresses the need for the Public Utilities Commission to intervene when investor-owned electric utilities face imminent threats to service adequacy. The bill empowers the commission to appoint a receiver to manage the utility's assets and records, ensuring continued service. This authority is crucial for protecting public health, safety, and welfare. The commission can take necessary actions to restore service, including accessing utility revenues and committing additional resources.

Hawaii HB978 grants the Public Utilities Commission authority to appoint a receiver for investor-owned electric utilities facing imminent service.

Hawaii HB978 addresses the need for the Public Utilities Commission to intervene when investor-owned electric utilities face imminent threats to service adequacy. The bill empowers the commission to appoint a receiver to manage the utility's assets and records, ensuring continued service. This authority is crucial for protecting public health, safety, and welfare. The commission can take necessary actions to restore service, including accessing utility revenues and committing additional resources.