Hawaii 2024 Regular Session

Hawaii Senate Bill SB2986

Introduced
1/24/24  
Refer
1/26/24  
Introduced
1/24/24  

Caption

Relating To Energy Resiliency.

Impact

The bill is anticipated to significantly impact Hawaii's regulatory framework surrounding energy distribution and generation. As the legislative text indicates, the objective is to provide incentives for customers to invest in resilient energy sources that benefit not only individual users but the collective grid as well. This move is especially crucial as Hawaii contends with increased vulnerability to extreme weather events, necessitating a more robust energy infrastructure. The legislative intent also underscores a pivot towards more sustainable energy sources, aligning with the state’s renewable energy goals.

Summary

SB2986, relating to energy resiliency, is a legislative measure implemented to enhance Hawaii's infrastructure in renewable energy by promoting the deployment of solar and storage systems. The bill seeks to establish fair compensation for energy exports from photovoltaic systems paired with battery storage, ensuring that energy contributed to the grid from these sources is credited at the full retail rate. This initiative aims to support the continued expansion of distributed energy resources across the state, aligning with Hawaii's status as a leading state in solar installations and battery integration.

Contention

Notable points of contention around SB2986 may arise from differing opinions on the efficacy and management of grid services and the role of distributed energy in Hawaii’s overall energy strategy. Stakeholders could express varied views regarding the compensation structure and the balance between utility control and customer-generated energy. Furthermore, debates may center on ensuring that the incentives do not disproportionately favor larger installations at the expense of smaller operators, potentially influencing local energy markets and regulations.

Companion Bills

HI HB1687

Same As Relating To Energy Resiliency.

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