PUC; Ratemaking; Performance-Based Incentives; Hawaii Ratepayer Protection Act of 2026
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
Requires the Public Utilities Commission to establish performance-based incentives, including revenue adjustment mechanisms, cost control mechanisms, and reward and penalty mechanisms on or before 1/1/2027. Clarifies that the Public Utilities Commission is authorized to adopt alternative ratemaking procedures to establish electric utility rates and performance-based incentives. (CD1)
Bill text
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Document of record
- Version
- SB2487 .PDF file
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Sponsors
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8 on record
Primary sponsor
Cosponsors
Angus L.K. McKelvey
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