SB1370

Extends Hawaii's energy-efficiency portfolio standards to ensure continued progress towards 2030 and 2045 goals.

The bill extends Hawaii's energy-efficiency portfolio standards, aiming to achieve 4,300 gigawatt hours of electricity use efficiency by 2030. It directs the public utilities commission to establish interim goals for 2015, 2020, 2025, 2035, and 2040, and may adjust these standards based on the best available information. The commission is also tasked with reporting its findings and revisions to the legislature every five years. The bill emphasizes energy efficiency as a cost-effective way to reduce emissions and provides financial benefits for customers.