SB445

Hawaii SB445 mandates studies on renewable energy capabilities and establishes renewable portfolio standards for electric utilities.

Hawaii SB445 requires the University of Hawaii to conduct independent studies on the state's renewable energy capabilities, reviewed by experts from various institutions. The studies will assess Hawaii's electric utility companies' ability to meet renewable portfolio standards and identify barriers to renewable energy development. The bill also mandates the Public Utilities Commission to develop a ratemaking structure to incentivize the use of cost-effective renewable energy resources.