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January 2012 - Hawaiian Electric Company

January 2012 - Hawaiian Electric Company-2025

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The document provides guidance on managing monthly electricity usage to help customers reduce their electric bills, particularly in light of rising fuel prices. It emphasizes the importance of understanding the wattage and operating hours of household appliances to estimate their costs. Additionally, it introduces the Earned Income Tax Credit (EITC) for low-income workers and highlights a new ocean thermal energy conversion (OTEC) power plant project. The document also includes tips for selecting energy-efficient dishwashers and features a recipe for Seared Opah with Shiitake Mushroom Sauce.

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Why is Hawaiis electric bill so high?

However, due to the higher costs associated with shipping oil, the average electricity bill in Hawaii tends to be higher compared to the mainland. Hawaii electricity costs are set by the Public Utilities Commission. The rates tend to differ as each island has its own independent electric systems.

Who is buying Hawaiian Electric?

NEXTERA ENERGY, INC.

Did Hawaiian Electric suspend dividends?

The utility dividend to HEI continues to be suspended, as holding company cash needs are limited following HEIs recent equity issuance and the continued suspension of the dividend to HEIs common equity shareholders.

Why did Hawaii get rid of net metering?

It was a bold step for the most oil dependent state in the nation for electricity, but ultimately an easy decision because renewable energy technology advances have made clean energy generation cheaper than producing power from fossil fuels in Hawaii.

Why do utilities not like net metering?

What makes net metering challenging? For electric utilities, the basic challenge with net metering is policies that require them to pay high costs for what is often low-value power. The reason it is low-value power is you cannot count on it.

Why doesnt Hawaii use geothermal energy?

Putting geothermal on the big island only supplies electricity to the big island. The big island doesnt have the population to support that type of investment. There is a geothermal plant on the big island but its small. None of the other hawaiian islands have any geothermal activity.

What was the main reason the Hawaii I Public Utilities Commission (PUC) rejected the Hawaiian Electric company (HECO) integrated resource plan in 2014?

The Commission is compelled because the HECO Companies failed to articulate a sustainable business model in the intervening time period since this directive was set forth by the Commission almost one year ago in Order No. 31288.

January 2012 - Hawaiian Electric Company-2025

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