§269-162 Applications to issue bonds and authorize green infrastructure fee. (a) In connection with the issuance of bonds, the department may apply to the public utilities commission for one or more financing orders, each of which financing orders authorizes the following:
(1) The imposition, charging, and collection on behalf of the department of the green infrastructure fee, to become effective upon the issuance of the bonds, and the adjustment of the green infrastructure fee on behalf of the department in accordance with an adjustment mechanism requested by the department under this part in amounts sufficient to pay the principal of and interest on bonds and all related financing costs on a timely basis;
(2) The creation of green infrastructure property under the financing order; and
(3) The deposit of the net proceeds of the bonds into the green infrastructure special fund.
(b) The application shall include all of the following:
(1) The principal amount of the bonds proposed to be issued;
(2) An estimate of the date each series of bonds is expected to be issued;
(3) The expected term, not to exceed thirty years, during which term the green infrastructure fee associated with the issuance of each series of bonds is expected to be imposed and collected;
(4) An estimate of the financing costs associated with the issuance of each series of bonds;
(5) An estimate of the amount of the green infrastructure fee revenues necessary to pay principal and interest on the bonds and related financing costs as set forth in the application and the calculation for that estimate, which calculation shall take into account the estimated date or dates of issuance and the estimated principal amount of each series of bonds;
(6) A proposed methodology for allocating the green infrastructure fee among electric utilities and customer classes within each electric utility;
(7) A description of a proposed formulaic adjustment mechanism for the adjustment of the green infrastructure fee to ensure the timely payment of principal and interest on the bonds and related financing costs; and
(8) Any other information required by the public utilities commission. [L 2013, c 211, pt of §3]
Structure Hawaii Revised Statutes
Title 15. Transportation and Utilities
269. Public Utilities Commission
269-3 Employment of assistants.
269-5 Annual report and register of orders.
269-6 General powers and duties.
269-6.5 Electronic copies of documents.
269-7.5 Certificates of public convenience and necessity.
269-8 Public utilities to furnish information.
269-8.5 Annual financial reports.
269-10 Commission may compel attendance of witnesses, etc.
269-13 Right to be represented by counsel.
269-14.5 Appointment of receiver for public utilities.
269-15 Commission may institute proceedings to enforce chapter.
269-15.6 Alternative dispute resolution.
269-16 Regulation of utility rates; ratemaking procedures.
269-16.1 Performance incentive and penalty mechanisms.
269-16.22 Power purchase agreements; cost recovery for electric utilities.
269-16.3 Statewide rate increase surcharge assessment on ratepayers in emergency situations.
269-16.4 Annual fuel mix disclosure.
269-16.5 Lifeline telephone rates.
269-16.8 Aggregators of telephone service requirements.
269-16.85 Retail intrastate services; fully competitive.
269-16.91 Universal service subsidies.
269-16.93 Release of domestic abuse victims from shared wireless plans.
269-16.95 Emergency telephone service; capital costs; ratemaking.
269-17 Issuance of securities.
269-17.5 Issuance of voting stock; restrictions.
269-18 Acquirement of stock of another public utility.
269-19 Merger and consolidation of public utilities.
269-20 Certificates of public convenience and necessity for water carriers.
269-26 Investigation of water rates charged by lessee under state leases.
269-26.5 Preferential water rates for agricultural activities.
269-26.6 Preferential water carrier service rates for agricultural activities.
269-27 Prevention of unreasonable water rates.
269-27.1 Establishment of geothermal energy rates.
269-27.2 Utilization of electricity generated from nonfossil fuels.
269-27.3 Preferential renewable energy rates; agricultural activities.
269-27.4 Community-based renewable energy tariffs.
269-27.5 Construction of high-voltage electric transmission lines; hearing.
269-27.7 Preferential electricity rates; protected agriculture.
269-30 Finances; public utility fee.
269-31 Application of this chapter.
269-32 Injury to public utility property.
269-33 Public utilities commission special fund.
269-34 Obligations of telecommunications carriers.
269-36 Telecommunications number portability.
269-37 Compensation agreements.
269-38 Regulatory flexibility for effectively competitive services.
269-40 Access to advanced services.
269-41 Universal service program; establishment; purpose; principles.
269-42 Universal service program; contributions.
269-43 Carriers of last resort.
269-44 Solar water heater system standards.
269-45 Gas utility companies; renewable energy; reporting requirements.
269-47 Electric power systems data access and transparency; principles.
269-48 Coal power purchase agreements; prohibited.
269-51 Consumer advocate; executive director of the division of consumer advocacy.
269-52 Division of consumer advocacy; personnel.
269-54 General powers; duties.
269-55 Handling of complaints.
269-72 Electric vehicle charging system; rebate program.
269-73 Electric vehicle charging system; rebate program; administrator; establishment.
269-92 Renewable portfolio standards.
269-93 Achieving portfolio standard.
269-94 Waivers, extensions, and incentives.
269-95 Renewable portfolio standards study.
269-96 Energy-efficiency portfolio standards.
269-101.5 Maximum capacity of eligible customer-generator.
269-102 Standard contract or tariff; rate structure.
269-104 Additional customer-generators.
269-106 Billing periods; twelve-month reconciliation.
269-107 Net electricity consumers.
269-108 Net electricity producers; excess electricity credits and credit carry over.
269-109 Net electricity consumption or production information.
269-110 Termination by eligible customer-generators.
269-111 Safety and performance standards.
269-121 Public benefits fee authorization.
269-122 Public benefits fee administrator; establishment.
269-123 Requirements for the public benefits fee administrator.
269-124 Transitioning from utility demand-side management programs to the public benefits fee.
269-125 On-bill financing for energy efficiency and renewable energy.
269-144 Compliance and enforcement.
269-145 Grid access; procedures for interconnection; dispute resolution.
269-145.5 Advanced grid modernization technology; principles.
269-146 Hawaii electricity reliability surcharge; authorization; cost recovery.
269-147 Hawaii electricity reliability administrator; contracting.
269-148 Hawaii electricity reliability administrator; qualifications.
269-162 Applications to issue bonds and authorize green infrastructure fee.
269-163 Green infrastructure financing order.
269-164 Green infrastructure property.
269-165 Bonds financing order.
269-166 Green infrastructure fee; nonbypassable
269-167 Electric utility successor requirements; default of electric utility.
269-168 Treatment of bonds, fees, and property.
269-169 Green infrastructure property; non-impairment.
269-170 Green infrastructure loan program order; application.
269-171 Green infrastructure loan program order; issuance.
269-172 Electric utilities; cost recovery; billing agent.
269-175 Revenue bonds; exclusion from debt limit.
269-176 Financing order; adjustments to green infrastructure fee.