Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-First State Legislature

Regular Session of 2001

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.B. No. 740, H.D. 2, entitled:

begs leave to report as follows:

The purpose of this bill is to require retail electric suppliers in Hawaii to annually disclose information on the fuel mix of the electricity services they sell.

The Department of Business, Economic Development, and Tourism, Division of Consumer Advocacy of the Department of Commerce and Consumer Affairs, Hawaiian Electric Company, Inc., Hawaii Electric Light Company, Inc., and Maui Electric Company, Ltd., testified in support of this bill. The Public Utilities Commission and Kauai Electric supported the intent of this bill. Life of the Land submitted comments.

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. 740, H.D. 2, and recommends that it pass Third Reading.