Establishes renewable portfolio standards for Hawaii electric utility companies.
The bill amends Hawaii Revised Statutes to set renewable portfolio standards for electric utility companies. It mandates that these companies must meet specific percentages of their net electricity sales from renewable energy sources by certain dates: 10% by 2010, 15% by 2015, 30% by 2020, 40% by 2025, 70% by 2040, and 100% by 2045. The Public Utilities Commission is tasked with developing a utility ratemaking structure to incentivize compliance and may establish standards for specific types of renewable energy resources.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.