The obligations of the state under this act are undertaken for a public purpose, namely, the protection of public health, safety, and welfare by supporting the development of clean energy resources that are needed for the reliable provision of electric supply at a reasonable cost. Urces to support continuity of energy, telecommunications, water and wastewater services Hawaii’s renewable energy sector is stepping up support for policies aimed at financially bolstering hawaiian electric co., which has been battered by accusations that the utility started.
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This summary indicates the allowed recovery of total fuel costs and total purchased energy costs, exclusive of revenue taxes, as reported per the reconciliation provision of the energy cost recovery clause.
In 2024, renewable sources accounted for nearly 59% of the island’s electricity, underscoring hawaii’s commitment to renewable energy and sustainable power solutions
This reflects broader efforts to reduce reliance on fossil fuels and stabilize energy costs for consumers. Hawaiʻi’s (“state”) energy policy is driven, in significant part, by the state’s renewable portfolio standards (rps) that mandate the percentage of electricity that must be generated from renewable energy resources at different times until achieving 100% in 2045. The recovery act investments in hawaii are supporting a broad range of clean energy projects, from energy efficiency and the smart grid to win.
