Bill

Bill > SB2497


HI SB2497

HI SB2497
Relating To Electric Energy.


summary

Introduced
01/22/2026
In Committee
03/24/2026
Crossed Over
03/10/2026
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

Requires electric utilities, excluding electric cooperatives, to maintain an online bill impact analysis tool for electric generation projects that provides full disclosure to ratepayers of the top-level assumptions used to calculate the per-project impact on customer bills. Requires electric utilities to submit an annual report to the Public Utilities Commission. Effective 7/1/3000. (HD1)

AI Summary

This bill requires electric utilities, with the exception of electric cooperatives, to create and maintain an online tool that provides customers, referred to as "ratepayers," with full disclosure of the main assumptions used to calculate how new electric generation projects will affect their bills. This tool is intended to increase transparency and allow ratepayers to better understand and evaluate the projected costs of these projects, especially given Hawaii's historically high energy costs and recent economic challenges. Additionally, these utilities must submit an annual report to the Public Utilities Commission detailing the actual costs and energy output of their generation and storage projects, allowing for a comparison between projected and actual performance.

Committee Categories

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

Sponsors (5)

Last Action

Passed Second Reading as amended in HD 1 and referred to the committee(s) on CPC with Representative(s) Garcia voting aye with reservations; Representative(s) Pierick voting no (1) and Representative(s) Garrett, Quinlan excused (2). (on 03/24/2026)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...