Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-First State Legislature

Regular Session of 2001

State of Hawaii

Sir:

Your Committee on Energy and Environmental Protection, to which was referred H.B. No. 742 entitled:

begs leave to report as follows:

The purpose of this bill is to reduce the time to negotiate a power purchase contract between a nonfossil fuel producer of electricity and a public utility, and thereby encourage potential producers of electricity utilizing renewable energy resources to invest the capital required to develop the facilities, by:

The Mayor of Kauai, Sierra Club, Hawaii Chapter, Hawaii Renewable Energy Alliance, Apollo Energy Corporation, the Hydrogen Renewable Energy Enterprises, LLC, Life of the Land, and an individual submitted testimony in support of the bill. PUC, the Department of Business, Economic Development, and Tourism, and Consumer Advocate of the Department of Commerce and Consumer Affairs submitted testimony in support of the intent of the bill.

Hawaiian Electric and its subsidiaries, Maui Electric and Hawaii Electric Light Company submitted testimony recommending that the measure be held. Kauai Electric and Ogden Energy Group submitted comments.

Your Committee hopes the next committee will further discuss the concerns regarding:

Your Committee has amended this measure by making technical, nonsubstantive amendments for purposes of style, consistency, and clarity.

As affirmed by the record of votes of the members of your Committee on Energy and Environmental Protection that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 742, as amended herein, and recommends that it pass Second Reading in the form attached hereto as H.B. No. 742, H.D. 1, and be referred to the Committees on Consumer Protection and Commerce and Judiciary and Hawaiian Affairs.