HRS §269-27.1
How geothermal energy rates are set
This section explains how the price a utility pays for geothermal steam or electricity is decided. The utility and the producer can agree on a rate, but the Public Utilities Commission must approve it. If they cannot agree or the rate is rejected, the Commission sets a fair rate. Geothermal producers are not treated as public utilities.
The statute, as written — Establishment of geothermal energy rates
(a) The rate payable by a public utility to the producer of geothermal steam or electricity generated from geothermal steam shall be established by agreement between the public utility and the supplier, subject to approval by the public utilities commission; provided that if the public utility and the supplier fail to reach an agreement for such rate, or if the agreed upon rate is disapproved by the commission, the public utilities commission shall establish a just and reasonable rate for the geothermal steam or electricity generated from geothermal steam supplied to the public utility by the producer. (b) The producer of geothermal steam or electricity generated from geothermal steam shall be excluded from coverage of the term "public utility" as defined in section 269-1.
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