HawaiiHB 22442025–2026 Regular Session (Year 2)House

RELATING TO THE PUBLIC UTILITIES COMMISSION.

Sponsored By: Nicole E. Lowen (Democratic)

Passed

Summary

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)

PUCRatemakingPerformance-Based IncentivesHawaii Ratepayer Protection ActEEP, CPC

Your PRIA Score

Score Hidden

Personalized for You

How does this bill affect your finances?

Sign up for a PRIA Policy Scan to see your personalized alignment score for this bill and every other piece of legislation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.

Free to start

Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Nicole E. Lowen

    Democratic • House

Cosponsors

  • Kirstin Kahaloa

    Democratic • House

  • Lisa Marten

    Democratic • House

  • Amy A. Perruso

    Democratic • House

Roll Call Votes

All Roll Calls

Yes: 51 • No: 0

House vote 2/18/2026

Passed Second Reading as amended in HD 1 and referred to the committee(s) on CPC...

Yes: 51 • No: 0

Actions Timeline

  1. Reported from EEP (Stand. Com. Rep. No. 447-26) as amended in HD 1, recommending passage on Second Reading and referral to CPC.

    2/18/2026House
  2. Passed 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).

    2/18/2026House
  3. The 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.

    2/12/2026House
  4. Bill scheduled to be heard by EEP on Thursday, 02-12-26 9:45AM in House conference room 325 VIA VIDEOCONFERENCE.

    2/6/2026House
  5. Referred to EEP, CPC, referral sheet 5

    1/30/2026House
  6. Introduced and Pass First Reading.

    1/28/2026House
  7. Pending introduction.

    1/26/2026House

Bill Text

Related Bills

Back to State Legislation