Hawaii adopts performance-based rate tools to accelerate clean energy transition

Utility Dive: Hawaii lawmakers launched the process of developing performance-based rates in 2017, looking to address the state's electricity costs while pushing to meet a 100% renewable energy goal by 2045. The PUC's May 23 order completed the initial phase, and sets the commission up for more detailed work beginning next month.

PUC Commissioner Leo Asuncion Jr. called the decision "a down payment on a clean-energy future for Hawaii."

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