Index
Hawaii 100% Renewable Energy Law (HB 623)
Summary
Hawaii was the first U.S. state to legally commit to generating 100% of its electricity from renewable energy sources by the year 2045.
Rights & Rules
- 01.The state has set a legally binding 'Renewable Portfolio Standard' (RPS).
- 02.Utility companies must generate 40% of their electricity sales from renewables by 2030, 70% by 2040, and 100% by 2045.
- 03.The law is meant to eliminate the state's heavy reliance on expensive, imported petroleum to power its electrical grid.
- 04.The government heavily incentivizes and subsidizes residential rooftop solar panels to help meet this goal.
Penalties
- 01.If a utility company (like Hawaiian Electric) fails to meet these specific percentage benchmarks by the deadline dates, the Public Utilities Commission can levy massive fines on the company.
Verified Citations
Hawaii Revised Statutes Section 269-92
Source"Each electric utility company that sells electricity for consumption in the State shall establish a renewable portfolio standard of... One hundred per cent of its net electricity sales by December 31, 2045."