SB 2487 SD1 HD1 CD1

Hawaii Senate bill in Session 2026.

Status: enacted. Latest action: June 5, 2026.

PUC; Ratemaking; Performance-Based Incentives; Hawaii Ratepayer Protection Act of 2026.

Bill ID HI-2026-SB-2487
Session 2026
Status enacted
Committee EEP, CPC, FIN
Senate enacted 2026-06-05
Infrastructure / Utilities Tax / Budget / Appropriations
Summary

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)

Sponsor
Jarrett Keohokalole
Official Source Back to Bills
Actions Timeline
Date Event Detail
0000-00-00 Introduced Bill introduced
2026-06-05 Status enacted
2026-06-05 Latest Action Act 093, on 06/05/2026 (Gov. Msg. No. 1193).
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