STAND. COM. REP. NO. 1066

Honolulu, Hawaii

, 2005

RE: S.B. No. 1557

S.D. 2

H.D. 1

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Third State Legislature

Regular Session of 2005

State of Hawaii

Sir:

Your Committee on Energy & Environmental Protection, to which was referred S.B. No. 1557, S.D. 2, entitled:

"A BILL FOR AN ACT RELATING TO RENEWABLE ENERGY,"

begs leave to report as follows:

The purpose of this measure is to require the rate established by the Public Utilities Commission for electricity purchases by a public utility be not less than 100% of avoided cost.

The measure also: increases renewable portfolio standards percentage requirements for electric utilities; requires advance planning by electric utilities to meet these requirements; amends the definition of "renewable energy"; and revises renewable portfolio standards study requirements.

Your Committee has amended this bill by:

(1) Deleting the contents of the measure and inserting a provision that repeals the sunset date of the renewable energy technologies tax credit; and

(2) Inserting a purpose clause with legislative findings.

As affirmed by the record of votes of the members of your Committee on Energy & Environmental Protection that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 1557, S.D. 2, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 1557, S.D. 2, H.D. 1, and be referred to the Committee on Consumer Protection & Commerce.

Respectfully submitted on behalf of the members of the Committee on Energy & Environmental Protection,

 

____________________________

HERMINA MORITA, Chair