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Ka 'Aha'ōlelo Moku'āina 'O Hawai'i

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Measure details
Measure Title: RELATING TO THE PUBLIC UTILITIES COMMISSION.
Report Title: PUC; Ratemaking; Performance-Based Incentives; Hawaii Ratepayer Protection Act
Description: Clarifies that, for electric utilities, "performance-based incentives" include revenue adjustment mechanisms, cost control mechanisms, rewards for superior performance, and penalties for subpar performance. Authorizes the Public Utilities Commission to adopt alternative ratemaking procedures to establish electric utility rates and performance-based incentives. Requires the Commission to apply a presumption in favor of considering historical cost trends and external indices that reflect incentives to control costs if the Commission resets an electric utility's allowed revenues based on consideration of the utility's costs. Effective 7/1/3000. (HD1)
Companion:  SB2487
Package: None
Current Referral: EEP, CPC
Introducer(s): LOWEN, KAHALOA, MARTEN, PERRUSO
Act:

Measure Status History

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DateChamberStatus Text
2/18/2026HPassed Second Reading as amended in HD 1 and referred to the committee(s) on CPC with none voting aye with reservations; none voting no (0) and none excused (0).
2/18/2026HReported from EEP (Stand. Com. Rep. No. 447-26) as amended in HD 1, recommending passage on Second Reading and referral to CPC.
2/12/2026HThe committee on EEP recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Lowen, Perruso, Chun, Kahaloa, Kusch, Quinlan, Matsumoto; Ayes with reservations: none; Noes: none; and Excused: none.
2/6/2026HBill scheduled to be heard by EEP on Thursday, 02-12-26 9:45AM in House conference room 325 VIA VIDEOCONFERENCE.
1/30/2026HReferred to EEP, CPC, referral sheet 5
1/28/2026HIntroduced and Pass First Reading.
1/26/2026HPending introduction.

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All Versions of this Measure

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Hearing Notices

EEP
2/12/26 9:45A
325 VIA VIDEOCONFERENCE