Hawaii SB137 regulates the acquisition, merger, or consolidation of electric utility companies by investor-owned entities.

Hawaii SB137 aims to protect the state's renewable energy goals by imposing conditions on the acquisition, merger, or consolidation of electric utility companies by investor-owned entities. The bill requires the public utilities commission to suspend its review of such applications for 180 days and consider alternative applications from non-investor-owned entities. It mandates that acquiring entities must not propose changes that negatively impact the renewable portfolio standards or performance-based regulation framework.

Hawaii SB137 regulates the acquisition, merger, or consolidation of electric utility companies by investor-owned entities.

Hawaii SB137 aims to protect the state's renewable energy goals by imposing conditions on the acquisition, merger, or consolidation of electric utility companies by investor-owned entities. The bill requires the public utilities commission to suspend its review of such applications for 180 days and consider alternative applications from non-investor-owned entities. It mandates that acquiring entities must not propose changes that negatively impact the renewable portfolio standards or performance-based regulation framework.