2013 Hawaii Revised Statutes
TITLE 15. TRANSPORTATION AND UTILITIES
269. Public Utilities Commission
269-125 On-bill financing for energy efficiency and renewable energy.

Note

Part heading amended by L 2008, c 118, pt of §2.

§269-125 On-bill financing for energy efficiency and renewable energy. (a) The public utilities commission shall investigate an on-bill financing program that would allow an electric utility company customer to purchase or otherwise acquire a renewable energy system or energy-efficient device, as determined by the public utilities commission, by providing for billing and payment of such a system or device through an assessment on the electric utility company customer's electricity bill.

(b) In investigating an on-bill financing program, the public utilities commission may consider:

(1) The costs and benefits associated with the establishment and administration of the program;

(2) The ability of the program to effectively provide life cycle cost savings to participating electric utility company customers;

(3) The ability of the program to make renewable energy and energy efficiency more accessible to the rental market and other underserved markets;

(4) Methods to structure the program to ensure that any public benefits fee funds are spent cost-effectively and in compliance with applicable statutes;

(5) The use of non-ratepayer funds or private capital to provide financing for renewable energy systems or energy-efficient devices acquired through the program;

(6) Reasonable penalties, which may include fines and disconnection of utility services, for nonpayment of on-bill financing costs;

(7) The ability of an electric utility company to recover costs incurred due to the program; and

(8) Other issues the public utilities commission deems appropriate.

(c) If on-bill financing is determined by the public utilities commission to be viable, the public utilities commission may implement an on-bill financing program by decision and order or by rules pursuant to chapter 91. [L 2011, c 204, §2]