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HomeMy WebLinkAboutREP FC 026 2017/08/01 (2016-2018) REPORT OF THE COMMITTEE ON FINANCE DATE: August 1, 2017 Re: Comm. No. 364/Res. No. 241-17 PLACE: Council Chambers Hilo, Hawai`i TIME: 9:46 a.m. Council Chair and Members Hawai`i County Council Hilo, Hawai`i 96720 Your Committee on Finance, to which was referred Resolution No. 241-17, reports as follows: Resolution No. 241-17, transmitted by Council Chair Valerie T. Poindexter, via Communication No. 364 dated July 14, 2017, authorizes the Office of the Mayor to enter into an agreement with Arizona State University. The agreement would assist the County with its intervention of Public Utility Commission(PUC) dockets pertaining to Hawaiian Electric Company's Power Supply Improvement Plans and Grid Modernization Strategy. Research and Development Director Diane Ley stated that HRS, Section 46-7, requires that the County obtain the consent of the council to authorize approval of the administration to enter into a contract with the University of Arizona, to support the review of several fairly complex PUC dockets. The purpose of the contract is to allow Arizona State University to intervene in several PUC dockets pertaining to power supply, generation, and transmission as well as integration of those dockets into additional dockets. University of Arizona has a history of being able to address the number of utility related planning strategies and assessments. Arizona State University would also assist the department with formulation and identification of opportunities relating to these dockets as well as policies, recommendations, and any additions or timelines. The focus would be on balancing of equitable rates as well as the economic viability of the utility. Council Member Sue Lee Loy inquired how evaluation from the university would tie into the comment period at the PUC level as it moves through that analysis process. Ms. Ley stated that the County has been a participant in that docket and is working through the process. Council Member Dru Kanuha confirmed that the Mayor is authorized to execute the agreement and any related documents on behalf of the County. Ms. Ley stated they are focused on the power supply improvement plans and modernization strategy docket. The challenge has been moving forward with planning, which goes before the PUC, with the authority to split off into separate dockets, and therefore needs some flexibility. She stated public dollars are involved, and they want to be conservative while fulfilling the intent of assisting the County in asking the right questions and suggesting appropriate policies. FC Report No. 26 FC-26 Page 2 August 1, 2017 Pursuant to Section 46-7of the Hawai`i Revised Statutes, the Mayor of the County of Hawai`i is authorized to execute, on behalf of the County, an agreement and related documents with Arizona State University to provide aid to the County. Your Committee on Finance is in accord with the purpose and intent of Resolution No. 241-17, and recommends its adoption. din AYES NOES ABS EX Respectfully submitted, CHUNG X DAVID x COMMITTEE ON FINANCE EOFF X KANUHA X LEE LOY X �.' drIWIIIVS _ �. O'HARA X � ,„ I ' • POINDEXTER x MAILE DAVID, CHAIR RICHARDS X FC REPORT NO.: 26 RUGGLES X ADOPTED: AUG 1 6 2017