STAND. COM. REP. NO. 828-00

                                 Honolulu, Hawaii
                                                   , 2000

                                 RE: H.B. No. 2701
                                     H.D. 3




Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twentieth State Legislature
Regular Session of 2000
State of Hawaii

Sir:

     Your Committee on Finance, to which was referred H.B. No.
2701, H.D. 2, entitled: 

     "A BILL FOR AN ACT RELATING TO PUBLIC SCHOOLS,"

begs leave to report as follows:

     The purpose of this bill is to establish a Renewable Energy
Demonstration Project (Project) in the Department of Education
(DOE) at one public school in each district.  The Project will
demonstrate the feasibility and cost effectiveness of:

     (1)  Installing photovoltaic systems and energy storage
          devices; and

     (2)  Utilizing performance contracting and net metering.

     DOE supported the intent of this bill.  The Department of
Accounting and General Services and Life of the Land commented on
this bill.  Kauai Electric and Hawaiian Electric Company and its
subsidiaries, Maui Electric Company and Hawaii Electric Light
Company supported the intent of this bill.

     Your Committee has amended this bill by making technical,
nonsubstantive changes for purposes of style and clarity.


 
 
 
 
 
 
                                 STAND. COM. REP. NO. 828-00
                                 Page 2

 
     As affirmed by the record of votes of the members of your
Committee on Finance that is attached to this report, your
Committee is in accord with the intent and purpose of H.B. No.
2701, H.D. 2, as amended herein, and recommends that it pass
Third Reading in the form attached hereto as H.B. No. 2701, H.D.
3.

                                   Respectfully submitted on
                                   behalf of the members of the
                                   Committee on Finance,



                                   ______________________________
                                   DWIGHT Y. TAKAMINE, Chair