EnactedFiled Jan 22, 2026
Sponsor: Jarrett Keohokalole (D)
Latest Action
Act 093, on 06/05/2026 (Gov. Msg. No. 1193).
Jun 5, 2026
Summary
The bill directs the Public Utilities Commission to create revenue‑adjustment, cost‑control, and reward/penalty mechanisms that tie electric utility earnings to performance metrics. It also clarifies that the commission may use ratemaking methods other than traditional cost‑of‑service, as long as rates are based on a performance model. The goal is to keep electricity rates low and align utility actions with customer interests.
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