Legislative record

SB 137STATE · HawaiiIntroduced

RELATING TO ELECTRIC UTILITIES.

Requires the Public Utilities Commission to consider whether approving a proposed merger or acquisition would or would not further the State's renewable energy goals. Prohibits the acquiring entity of an electric utility company from terminating or attempting to renegotiate any existing and valid power purchase agreements and requires the acquiring entity to assume and be bound by existing collective bargaining agreements and retain all covered employees. Establishes a process to ensure that when an electric utility is subject to an application for a proposed acquisition, merger, or consolidation by a potential acquiring entity that is an investor-owned utility and seeks approval of the application from the Public Utilities Commission, the electric utility shall demonstrate that it solicited bids from potential acquiring entities that operate under a non-investor-owned utility ownership model. Requires the electric utility to submit acceptable bids from a potential acquiring entity operating under a non-investor-owned utility ownership model concurrently with an application by a potential acquiring entity that is an investor-owned utility and the Public Utilities Commission to review those applications concurrently. Effective 7/1/3000. (HD1)

Voted 12/8/2025

Roll-call record

How representatives voted

26 yea·0 nay·3 other

Docket history

Action history

  1. 12/8/2025Carried over to 2026 Regular Session.
  2. 3/19/2025The committee(s) on CPC recommend(s) that the measure be deferred.
  3. 3/14/2025Bill scheduled to be heard by CPC on Wednesday, 03-19-25 2:00PM in House conference room 329 VIA VIDEOCONFERENCE.
  4. 3/14/2025Passed Second Reading as amended in HD 1 and referred to the committee(s) on CPC with none voting aye with reservations; Representative(s) Pierick voting no (1) and Representative(s) Cochran, Holt, Iwamoto, Ward excused (4).
  5. 3/14/2025Reported from EEP (Stand. Com. Rep. No. 1246) as amended in HD 1, recommending passage on Second Reading and referral to CPC.
  6. 3/12/2025The committee on EEP recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 4 Ayes: Representative(s) Lowen, Perruso, Kahaloa, Kusch; Ayes with reservations: none; Noes: none; and 2 Excused: Representative(s) Quinlan, Ward.
  7. 3/11/2025Bill scheduled for decision making on Wednesday, 03-12-25 11:15AM in conference room 325 VIA VIDEOCONFERENCE.
  8. 3/11/2025The committee(s) on EEP recommend(s) that the measure be deferred until 03-12-25 11:15AM.
  9. 3/7/2025Bill scheduled to be heard by EEP on Tuesday, 03-11-25 9:00AM in House conference room 325 VIA VIDEOCONFERENCE.
  10. 3/6/2025Referred to EEP, CPC, FIN, referral sheet 19