| 47 | | - | SECTION 1. Section 269-16.1, Hawaii Revised Statutes, is amended by amending subsection (b) to read as follows: "(b) In developing performance incentive and penalty mechanisms, the public utilities commission's review of electric utility performance shall consider, but not be limited to, the following: (1) The economic incentives and cost-recovery mechanisms described in section 269-6(e); (2) Volatility and affordability of electric rates and customer electric bills; (3) Electric service reliability; (4) Customer engagement and satisfaction, including customer options for managing electricity costs; (5) Access to utility system information, including but not limited to public access to electric system planning data and aggregated customer energy use data and individual access to granular information about an individual customer's own energy use data; (6) Rapid integration of renewable energy sources, including quality interconnection of customer-sited resources; [and] (7) Timely execution of competitive procurement, third‑party interconnection, and other business processes[.]; and (8) The short-term and long-term retention and creation of local jobs." SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored. SECTION 3. This Act shall take effect on July 1, 3000. |
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| 47 | + | SECTION 1. Section 269-16.1, Hawaii Revised Statutes, is amended by amending subsection (b) to read as follows: "(b) In developing performance incentive and penalty mechanisms, the public utilities commission's review of electric utility performance shall consider, but not be limited to, the following: (1) The economic incentives and cost-recovery mechanisms described in section 269-6(e); (2) Volatility and affordability of electric rates and customer electric bills; (3) Electric service reliability; (4) Customer engagement and satisfaction, including customer options for managing electricity costs; (5) Access to utility system information, including but not limited to public access to electric system planning data and aggregated customer energy use data and individual access to granular information about an individual customer's own energy use data; (6) Rapid integration of renewable energy sources, including quality interconnection of customer-sited resources; [and] (7) Timely execution of competitive procurement, third‑party interconnection, and other business processes[.]; and (8) The short-term and long-term retention and creation of local jobs." SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored. SECTION 3. This Act shall take effect on July 1, 2040. |
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| 48 | 48 | | |
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| 49 | 49 | | SECTION 1. Section 269-16.1, Hawaii Revised Statutes, is amended by amending subsection (b) to read as follows: |
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| 50 | 50 | | |
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| 51 | 51 | | "(b) In developing performance incentive and penalty mechanisms, the public utilities commission's review of electric utility performance shall consider, but not be limited to, the following: |
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| 52 | 52 | | |
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| 53 | 53 | | (1) The economic incentives and cost-recovery mechanisms described in section 269-6(e); |
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| 54 | 54 | | |
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| 55 | 55 | | (2) Volatility and affordability of electric rates and customer electric bills; |
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| 56 | 56 | | |
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| 57 | 57 | | (3) Electric service reliability; |
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| 58 | 58 | | |
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| 59 | 59 | | (4) Customer engagement and satisfaction, including customer options for managing electricity costs; |
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| 60 | 60 | | |
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| 61 | 61 | | (5) Access to utility system information, including but not limited to public access to electric system planning data and aggregated customer energy use data and individual access to granular information about an individual customer's own energy use data; |
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| 62 | 62 | | |
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| 63 | 63 | | (6) Rapid integration of renewable energy sources, including quality interconnection of customer-sited resources; [and] |
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| 64 | 64 | | |
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| 65 | 65 | | (7) Timely execution of competitive procurement, third‑party interconnection, and other business processes[.]; and |
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| 66 | 66 | | |
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| 67 | 67 | | (8) The short-term and long-term retention and creation of local jobs." |
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| 68 | 68 | | |
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| 69 | 69 | | SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored. |
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| 70 | 70 | | |
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