CONFERENCE COMMITTEE REP. NO. 11

 

Honolulu, Hawaii

                 , 2015

 

RE:    H.B. No. 623

       H.D. 2

       S.D. 2

       C.D. 1

 

 

 

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Eighth State Legislature

Regular Session of 2015

State of Hawaii

 

Honorable Donna Mercado Kim

President of the Senate

Twenty-Eighth State Legislature

Regular Session of 2015

State of Hawaii

 

Sir and Madam:

 

     Your Committee on Conference on the disagreeing vote of the House of Representatives to the amendments proposed by the Senate in H.B. No. 623, H.D. 2, S.D. 2, entitled:

 

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

 

having met, and after full and free discussion, has agreed to recommend and does recommend to the respective Houses the final passage of this bill in an amended form.

 

     The purpose of this measure is to further reduce Hawaii's dependence on imported fossil fuels and promote the growth of the State's renewable energy industry by:

 

     (1)  Increasing renewable portfolio standards for electric utilities to 30 percent by December 31, 2020; 70 percent by December 31, 2040; and 100 percent by December 31, 2050;

 

     (2)  Providing as an event or circumstance that is outside an electric utility company's reasonable control, the inability to acquire sufficient renewable electrical energy to meet the 2040 and 2050 renewable portfolio standard goals in a manner that is beneficial to Hawaii's economy in relation to comparable fossil fuel resources; and

 

     (3)  Requiring the Public Utilities Commission to include the impact of renewable portfolio standards, if any, on the energy prices offered by renewable energy developers and the cost of fossil fuel volatility in its renewable portfolio standards study and report to the Legislature.

 

     Your Committee on Conference has amended the measure by:

 

     (1)  Adjusting the renewable portfolio standards for electric utilities to 100 percent by December 31, 2045; and

 

     (2)  Providing as an event or circumstance that is outside an electric utility company's reasonable control, the inability to acquire sufficient renewable electrical energy to meet the renewable portfolio standard goals beyond 2030 in a manner that is beneficial to Hawaii's economy in relation to comparable fossil fuel resources.

 

     As affirmed by the record of votes of the managers of your Committee on Conference that is attached to this report, your Committee on Conference is in accord with the intent and purpose of H.B. No. 623, H.D. 2, S.D. 2, as amended herein, and recommends that it pass Final Reading in the form attached hereto as H.B. No. 623, H.D. 2, S.D. 2, C.D. 1.

 

Respectfully submitted on behalf of the managers:

 

ON THE PART OF THE SENATE

 

ON THE PART OF THE HOUSE

 

____________________________

MIKE GABBARD, Chair

 

____________________________

CHRIS LEE, Co-Chair

____________________________

ROSALYN H. BAKER, Co-Chair

 

____________________________

SCOTT Y. NISHIMOTO, Co-Chair