Bill > SB643

This bill extends Hawaii's energy-efficiency portfolio standards (EEPs), a state policy aimed at reducing electricity consumption, from 2030 to 2045. The bill increases the statewide energy savings goal from 4,300 to 6,000 gigawatt hours and authorizes the public utilities commission to establish additional interim goals for 2030, 2035, and 2040. The bill introduces a new definition of "cumulative persisting electricity savings," which means the total electric energy savings from measures installed since January 1, 2009, that are still operational. The legislation maintains the commission's ability to set incentives and penalties for performance and requires a comprehensive review of the standards every five years to ensure they remain effective and achievable. The bill recognizes energy efficiency as the most cost-effective method for reducing electricity-related emissions and aligns with Hawaii's broader renewable energy and decarbonization goals. By extending and expanding the EEPs, the state aims to continue promoting energy conservation, reducing environmental impact, and providing financial benefits for customers.

Government Affairs

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=643&year=2025