Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Third State Legislature

Regular Session of 2006

State of Hawaii

Sir:

Your Committee on Finance, to which was referred H.B. No. 2848, H.D. 1, entitled:

begs leave to report as follows:

The purpose of this bill is to meet Hawaii's energy goals by appropriating $200,000 to reconvene the Hawaii Energy Policy Forum (HEPF) to implement the vision, concepts, and recommendations contained in its final report, "Hawaii at the Crossroads: A Long Term Energy Strategy."

The Department of Business, Economic Devlopment, and Tourism, County of Kauai, HEPF, Hawaii Renewable Energy Alliance, Rocky Mountain Institute, Hawaiian Electric Company, Inc., Maui Electric Company, Ltd., Hawaii Electric Light Company, Inc., PowerLight Corporation, Honolulu Seawater Air Conditioning, LLC, and Haiku Design & Analysis testified in support of this bill. The Gas Company supported the intent of this measure. The Department of Commerce and Consumer Affairs's Division of Consumer Advocacy provided comments.

Your Committee has amended this bill by:

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. 2848, H.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as H.B. No. 2848, H.D. 2.