SB 2694: PUC; WATER CARRIERS; TARIFFS; WATER CARRIER INFLATIONARY COST INDEX; AUTOMATIC ADJUSTMENT MECHANISM; RATE ADJUSTMENTS
- Session Year: 2025-2026
- House: Senate
- Latest Version Date: 2026-05-02
Current Status:
Passed
(2026-05-19: Act 016, on 05/19/2026 (Gov. Msg. No. 1116).)
Introduced
In Committee
First Chamber
In Committee
Second Chamber
Final Decking
Enacted
Requires
the Public Utilities Commission to establish automatic adjustment mechanisms to
address economic factors sua sponte or on application by a water carrier. Requires the Public Utilities Commission to
establish a water carrier inflationary cost index automatic adjustment
mechanism. Beginning 7/1/2026, through
6/30/2029, requires the Public Utilities Commission to apply automatic
adjustment mechanisms. Beginning
7/1/2029, through 6/30/2033, authorizes the Public Utilities Commission to
apply automatic adjustment mechanisms. Authorizes
the Public Utilities Commission to waive or exempt any water carrier from any
requirement under the Hawaii Water Carrier Act.
Sunsets 7/1/2033. (CD1)
Discussed in Hearing