CONFERENCE COMMITTEE REP. NO. 84-04

Honolulu, Hawaii

, 2004

RE: H.B. No. 2049

H.D. 1

S.D. 2

C.D. 1

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Second State Legislature

Regular Session of 2004

State of Hawaii

Honorable Robert Bunda

President of the Senate

Twenty-Second State Legislature

Regular Session of 2004

State of Hawaii

Sir:

Your Committee on Conference on the disagreeing vote of the House of Representatives to the amendments proposed by the Senate in H.B. No. 2049, H.D. 1, S.D. 2, entitled:

"A BILL FOR AN ACT RELATING TO ENERGY,"

having met, and after full and free discussion, has agreed to recommend and does recommend to the respective Houses the final passage of this bill in an amended form.

The purpose of this bill is to:

(1) Broaden the financing options for energy performance contracts;

(2) Replace shared savings plans with guaranteed-savings plans;

(3) Increase the allowable length of energy performance contracts from 15 years to 20 years;

(4) Amend the definition of "energy performance contract" to include water saving technology retrofits;

(5) Specify that energy conservation retrofits also include energy saved off-site by water or other utility conservation enhancing retrofits; and

(6) Add a definition for "financing agreement."

Your Committee on Conference has amended this bill by:

(1) Changing its effective date to July 1, 2004; and

(2) Making technical, nonsubstantive amendments for clarity and style.

As affirmed by the record of votes of the managers of your Committee on Conference that is attached to this report, your Committee on Conference is in accord with the intent and purpose of H.B. No. 2049, H.D. 1, S.D. 2, as amended herein, and recommends that it pass Final Reading in the form attached hereto as H.B. No. 2049, H.D. 1, S.D. 2, C.D. 1.

Respectfully submitted on behalf of the managers:

ON THE PART OF THE SENATE

ON THE PART OF THE HOUSE

____________________________

J. KALANI ENGLISH, Co-Chair

____________________________

HERMINA M. MORITA, Co-Chair

____________________________

DAVID Y. IGE, Co-Chair

____________________________

KENNETH T. HIRAKI, Co-Chair