Bill > SB997

This bill adds a new section to Hawaii's energy regulations that allows the Public Utilities Commission (PUC) to authorize preferential (potentially lower) electricity rates for renewable energy projects that pay prevailing wages. Specifically, the bill enables utility companies to forward requests for such preferential rates to the PUC for approval, with the understanding that "prevailing wages" will be defined according to existing state labor law. The bill references the concept of "firm renewable energy," which typically means renewable energy sources that can provide consistent, reliable power (such as geothermal or biomass) as opposed to intermittent sources like solar or wind. By linking preferential rates to prevailing wage requirements, the legislation aims to incentivize renewable energy development while also promoting fair labor practices in the energy sector. The bill is set to take effect on July 1, 2050, which appears to be a placeholder date likely to be modified before final passage.

Agriculture and Natural Resources, Budget and Finance, Business and Industry, Government Affairs

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=997&year=2026