[§304A-1893.1]  Periodic evaluation.  (a)  Evaluations shall be conducted of the projects and activities funded by the energy systems development special fund.  Using objective criteria, the evaluation shall assess the degree to which the projects and activities comport with and achieve the stated objectives of the energy systems development special fund pursuant to section 304A-2169.1.

     (b)  The initial evaluation shall be conducted beginning July 1, 2017, and every three years thereafter by a two-person panel of independent energy and environmental technical experts who shall be appointed by the director of business, economic development, and tourism and who shall not be affiliated with the Hawaii natural energy institute.  The panel shall submit a report of the findings and recommendations of each evaluation to the legislature no later than twenty days prior to the convening of the following regular session.  The Hawaii natural energy institute shall cooperate with and provide support to the evaluation panel. [L 2014, c 107, pt of §1]