Rep. Thielen addresses a Monolithic Monopoly with SB1214

Updated: Oct 16, 2019

Measure Title: RELATING TO THE ISSUANCE OF SPECIAL PURPOSE REVENUE BONDS TO ASSIST HAWAIIAN ELECTRIC COMPANY, INC., MAUI ELECTRIC COMPANY, LIMITED, AND HAWAII ELECTRIC LIGHT COMPANY, INC. Report Title:  Special Purpose Revenue Bonds; Electric Utilities; HECO ($) Description:  Authorizes the issuance of special purpose revenue bonds to assist Hawaiian Electric Company, Inc., Maui Electric Company, Limited, and Hawaii Electric Light Company, Inc. Requires electric utilities to unbundle customer rates and charges to be eligible to receive financing assistance through SPRBs. (SB1214 HD1)  4/14/2015 H Passed Third Reading with Representative(s) Say voting aye with reservations; Representative(s) Thielen, Tupola, Ward voting no (3) and none excused (0). Transmitted to Senate.


Excerpt from capitol TV


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