STAND. COM. REP. NO.  1180-12

 

Honolulu, Hawaii

                , 2012

 

RE:   S.B. No. 2752

      S.D. 1

 

 

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Sixth State Legislature

Regular Session of 2012

State of Hawaii

 

Sir:

 

     Your Committee on Consumer Protection & Commerce, to which was referred S.B. No. 2752, S.D. 1, entitled:

 

"A BILL FOR AN ACT RELATING TO ELECTRIC UTILITIES,"

 

begs leave to report as follows:

 

     The purpose of this measure is to allow electric utility companies operating within the State to recover all power purchase costs that arise out of power purchase agreements that have been approved by the Public Utilities Commission.

 

     The Public Utilities Commission; Hawaiian Electric Company, Inc., and its subsidiaries Maui Electric Company, Limited and Hawaii Electric Light Company, Inc.; Hawaii Renewable Energy Alliance; and Blue Planet Foundation testified in support of this measure.  One individual testified in opposition to this measure.

 

     As affirmed by the record of votes of the members of your Committee on Consumer Protection & Commerce that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2752, S.D. 1, and recommends that it be referred to the Committee on Finance.

 

Respectfully submitted on behalf of the members of the Committee on Consumer Protection & Commerce,

 

 

 

 

____________________________

ROBERT N. HERKES, Chair