STAND. COM. REP. NO.  1398

 

Honolulu, Hawaii

                , 2015

 

RE:   H.R. No. 158

      H.D. 2

 

 

 

 

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Eighth State Legislature

Regular Session of 2015

State of Hawaii

 

Sir:

 

     Your Committee on Consumer Protection & Commerce, to which was referred H.R. No. 158, H.D. 1, entitled:

 

"HOUSE RESOLUTION REQUESTING THE PUBLIC UTILITIES COMMISSION TO PROTECT THE PUBLIC INTEREST IN REVIEWING THE PROPOSED ACQUISITION OF HAWAIIAN ELECTRIC INDUSTRIES BY NEXTERA ENERGY, INC,"

 

begs leave to report as follows:

 

     The purpose of this measure is to request the Public Utilities Commission to protect the public interest in reviewing the proposed acquisition of Hawaiian Electric Industries by NextEra Energy,Inc.

 

     A concerned individual testified in support. The Public Utilities Commission and NEXTera Energy submitted comments.

 

Your Committee has amended the measure by extending the procedural schedule beyond December 3, 2015 to ensure there would be adequate time for the Consumer Advocate and all 28 intervenors to review and analyze the proposed merger application. 

 

     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 concurs with the intent and purpose of H.R. No. 158, H.D. 1, as amended herein, and recommends its adoption in the form attached hereto as H.R. No. 158, H.D. 2.

 

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

 

 

 

 

____________________________

ANGUS L.K. McKELVEY, Chair