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Hawaii 2026

SB 2487

RELATING TO THE PUBLIC UTILITIES COMMISSION.

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Source: Open States / PluralLatest available (refresh delayed). Last refreshed: 2026-10-30 00:37:26 UTC.

Official record

Measure details

Jurisdiction
Hawaii
Session
2026
Chamber
upper
Classification
bill
Subjects
Hawaii Ratepayer Protection Act of 2026, PUC, Performance-Based Incentives, Ratemaking
Introduced / first action
2026-01-22 00:00:00

Source-supplied abstracts

Requires the Public Utilities Commission to establish performance-based incentives, including revenue adjustment mechanisms, cost control mechanisms, and reward and penalty mechanisms on or before 1/1/2027. Clarifies that the Public Utilities Commission is authorized to adopt alternative ratemaking procedures to establish electric utility rates and performance-based incentives. (CD1)

Sponsors

Source-supplied history

Actions

  1. Act 093, 06/05/2026 (Gov. Msg. No. 1193).

    became-law

  2. Act 093, on 06/05/2026 (Gov. Msg. No. 1193).

    became-law

  3. Received notice of passage on Final Reading in House (Hse. Com. No. 888).

    receipt

  4. Enrolled to Governor.

    executive-receipt

  5. Passed Final Reading, as amended (CD 1). Ayes, 25; Aye(s) with reservations: none . 0 No(es): none. 0 Excused: none.

    passage

  6. Passed Final Reading as amended in CD 1 with none voting aye with reservations; none voting no (0) and none excused (0).

    passage

  7. Received notice of Final Reading (Sen. Com. No. 816).

    receipt

  8. The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. The votes of the Senate Conference Managers were as follows: 4 Aye(s): Senator(s) Keohokalole, Wakai, Inouye, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) McKelvey.

    committee-passage-favorable

  9. The Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 4 Ayes: Representative(s) Lowen, Matayoshi, Perruso, Matsumoto; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none.

    committee-passage-favorable

  10. Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 184-26).

  11. 48 Hrs. Notice (as amended CD 1) 05-06-26.

  12. Reported from Conference Committee (Conf Com. Rep. No. 184-26) as amended in (CD 1).

  13. Forty-eight (48) hours notice Wednesday, 05-06-26.

  14. Conference committee meeting to reconvene on 05-01-26 2:30PM; Conference Room 224.

  15. Conference committee meeting to reconvene on 04-30-26 2:40PM; Conference Room 224.

  16. Conference committee meeting to reconvene on 04-29-26 2:40PM; CR 224.

  17. Conference committee meeting to reconvene on 04-28-26 2:40PM; Conference Room 224.

  18. Conference committee meeting to reconvene on 04-27-26 2:40PM; CR 224.

  19. Senate Conferees Appointed: Keohokalole Chair; Wakai, Inouye Co-Chairs; McKelvey, Awa.

  20. Conference committee meeting scheduled for 04-24-26 3:30PM; Conference Room 224.

  21. Received notice of Senate conferees (Sen. Com. No. 740).

    receipt

  22. Re-referred to EEP, CPC, FIN, referral sheet 30

    referral-committee

  23. House Conferees Appointed: Lowen, Matayoshi, Perruso Co-Chairs; Matsumoto.

  24. Received notice of appointment of House conferees (Hse. Com. No. 787).

    receipt

  25. Received from House (Hse. Com. No. 665).

    introduction, receipt

  26. Senate disagrees with House amendments.

    amendment-failure

  27. Received notice of disagreement (Sen. Com. No. 710).

    receipt

  28. Passed Third Reading with Representative(s) Shimizu voting aye with reservations; none voting no (0) and Representative(s) Quinlan excused (1). Transmitted to Senate.

    passage

  29. Reported from CPC (Stand. Com. Rep. No. 2123-26), recommending passage on Third Reading.

  30. The committee on CPC recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 10 Ayes: Representative(s) Matayoshi, Grandinetti, Chun, Ilagan, Ichiyama, Iwamoto, Lowen, Marten, Tam, Pierick; Ayes with reservations: none; 1 Noes: Representative(s) Kong; and Excused: none.

    committee-passage-favorable

  31. Bill scheduled to be heard by CPC on Tuesday, 04-07-26 2:05PM in House conference room 329 VIA VIDEOCONFERENCE.

  32. Reported from EEP (Stand. Com. Rep. No. 1379-26) as amended in HD 1, recommending passage on Second Reading and referral to CPC.

  33. Passed Second Reading as amended in HD 1 and referred to the committee(s) on CPC with none voting aye with reservations; none voting no (0) and Representative(s) Garrett, Quinlan excused (2).

    reading-2, referral-committee

  34. The committee on EEP recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 6 Ayes: Representative(s) Lowen, Perruso, Chun, Kahaloa, Kusch, Matsumoto; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Quinlan.

    committee-passage-favorable

  35. Bill scheduled to be heard by EEP on Thursday, 03-19-26 9:40AM in House conference room 325 VIA VIDEOCONFERENCE.

  36. Pass First Reading

    reading-1

  37. Referred to EEP, CPC, referral sheet 16

    referral-committee

  38. Report Adopted; Passed Third Reading. Ayes, 24; Aye(s) with reservations: none. Noes, 0 (none). Excused, 1 (Senator(s) Ihara). Transmitted to House.

    passage

  39. Received from Senate (Sen. Com. No. 56) in amended form (SD 1).

    introduction, receipt

  40. Reported from WAM (Stand. Com. Rep. No. 2861) with recommendation of passage on Third Reading.

  41. One Day Notice 03-06-26.

  42. The committee(s) on WAM recommend(s) that the measure be PASSED, UNAMENDED. The votes in WAM were as follows: 12 Aye(s): Senator(s) Dela Cruz, Moriwaki, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Richards, Wakai; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Fevella.

    committee-passage-favorable

  43. The committee(s) on WAM will hold a public decision making on 03-03-26 10:17AM; Conference Room 211 & Videoconference.

  44. Reported from CPN/EIG (Stand. Com. Rep. No. 2258) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.

  45. Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

    reading-2, referral-committee

  46. The committee(s) on EIG recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in EIG were as follows: 5 Aye(s): Senator(s) Wakai, Chang, DeCoite, Richards, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

    committee-passage-favorable

  47. The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 5 Aye(s): Senator(s) Keohokalole, Fukunaga, Lamosao, McKelvey, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

    committee-passage-favorable

  48. The committee(s) on CPN/EIG has scheduled a public hearing on 02-04-26 9:30AM; Conference Room 229 & Videoconference.

  49. Referred to CPN/EIG, WAM.

    referral-committee

  50. Introduced.

    introduction

  51. Passed First Reading.

    reading-1

When supplied by the API

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