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HB 338 Hawaii House · 2025 Regular Session

RELATING TO RENEWABLE ENERGY.

Summary
Specifies that adjustments required to compensate for certain unavoidable increases in financing costs, if proven by a producer of nonfossil fuel generated electricity by clear and convincing evidence, are mechanisms for reasonable and appropriate incremental adjustments that the Public Utilities Commission may include in the rate payable to the producer. Effective 7/1/3000. (HD1)
Issues: ✓ EnergySupports EnergyBill enables rate adjustments for renewable energy producers to cover financing costs, directly supporting nonfossil fuel electricity generation and financial stability of renewable projects.95% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 16, 2025 Last action Feb 14, 2025
Maddy AI version diff · 1 comparison

What changed between versions

HB338 → HB338_HD1 · 3 edits
MINOR
The bill was reformatted from a House Bill (HB) to a House Draft (HD) version with minor text cleanup. The core policy remains the same: it allows the Public Utilities Commission to approve rate adjustments for renewable energy projects when financing costs increase due to the utility's credit status, provided producers prove this with clear and convincing evidence. The effective date was changed from 'upon approval' to July 1, 3000 (likely a placeholder).
Scope change
The bill's scope and applicability remain unchanged; it still applies to renewable energy projects and the Public Utilities Commission's rate-setting authority.
TIMELINE

The effective date was changed from 'upon approval' to July 1, 3000, which appears to be a placeholder date rather than an intentional policy change.

TECHNICAL

The bill was reformatted from House Bill format to House Draft format with updated metadata and document headers.

REQUIREMENT

Minor wording clarification added specifying that financing cost adjustments must be proven by 'clear and convincing evidence' to qualify for rate adjustments.

Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
11
Key actions
2
Committee
6
Feb 14, 2025
Committee
Report adopted; referred to the committee(s) on FIN with Representative(s) Amato voting aye with reservations; none voting no (0) and Representative(s) Cochran, Matayoshi, Poepoe, Ward excused (4).
lower
Feb 14, 2025
Committee
Reported from CPC (Stand. Com. Rep. No. 781), recommending referral to FIN.
lower
Feb 13, 2025
Lower · Passed
The committee on CPC recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 9 Ayes: Representative(s) Matayoshi, Chun, Ilagan, Ichiyama, Iwamoto, Kong, Lowen, Marten, Tam; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Pierick.
lower
Feb 4, 2025
Committee
Reported from EEP (Stand. Com. Rep. No. 105) as amended in HD 1, recommending passage on Second Reading and referral to CPC.
lower
Jan 30, 2025
Lower · Passed
The committee on EEP recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 5 Ayes: Representative(s) Lowen, Perruso, Kahaloa, Kusch, Quinlan; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Ward.
lower
Jan 21, 2025
Committee
Referred to EEP, CPC, FIN, referral sheet 1
lower
Jan 17, 2025
Introduced
Introduced and Pass First Reading.
lower
Jan 16, 2025
Introduced
Pending introduction.
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Nicole Lowen
Nicole Lowen
DDemocratic
HI
7