Performance Based Regulation (PBR)

The Hawaii Public Utilities Commission (“PUC”) has opened a proceeding to investigate performance-based regulation for the Hawaiian Electric Companies. Performance-based regulation (“PBR”) includes a set of alternative regulatory mechanisms intended to focus utilities on performance and desired outcomes, such as increased renewable energy, lower cost, and improved customer service.

Phase 1 Decision and Order

On May 23, 2019, the Hawaii Public Utilities Commission (PUC) issued a decision and order to prioritize new regulations designed to lower electricity costs, improve customer service, expand customer choices, and cost-effectively meet the state’s clean energy goals. This decision and order concludes Phase 1 of the PUC’s Performance-Based Regulation (PBR) proceeding and establishes the specific PBR mechanisms that will be developed in Phase 2 of the proceeding.

Staff Proposal

Hawaii Public Utilities Commission (PUC) staff issued a proposal to adopt updated performance-based utility regulations to encourage the Hawaiian Electric Companies to cost-effectively achieve Hawaii’s energy goals and deliver savings to customers.

Docket parties may file Statements of Position commenting on the Staff Proposal by March 8, 2019.

Related Information

Workshops

Workshop #1 – July 23 & July 24, 2018

Workshop #2 – September 27, 2018

Workshop #3 – November 28, 2018