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Bill > SB579


HI SB579

HI SB579
Relating To Distributed Energy Resources.


summary

Introduced
01/17/2025
In Committee
01/23/2025
Crossed Over
Passed
Dead

Introduced Session

2025 Regular Session

Bill Summary

Requires utilities to pay distributed energy resources program customers for bill credits generated by the customer that are not used by the customer within 1 year.

AI Summary

This bill amends Hawaii's Revised Statutes to introduce a new requirement for utilities participating in distributed energy resources (DER) programs. Specifically, the bill mandates that if a customer generates bill credits through energy exports (such as from solar panels or other renewable energy systems) and does not use those credits within one year, the utility must pay out the value of the unused credits to the customer. The bill stipulates that bill credits will be used in the order they were generated, ensuring that older credits are applied first. The new provision is designed to provide more financial fairness for customers who generate excess renewable energy, preventing them from losing the monetary value of their energy exports if they do not use the credits within a year. The act will take effect upon approval and will apply to bill credits for energy exports accrued after its effective date, giving utilities and customers a clear timeline for implementation.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Referred to CPN. (on 01/23/2025)

bill text


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