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The company’s net loss for the quarter, including core operating results from Hawaiian Electric and subsidiary American Savings Bank, was $1.3 billion, compared with a $54.6 million profit in ...
HECO power plant at Kahe Point in West Oahu. Hawaiian Electric Industries, Inc. (HEI) is the largest supplier of electricity in the U.S. state of Hawaii, supplying power to 95% of Hawaii's population through its electric utilities: Hawaiian Electric Company serving Oahu, Hawai'i Electric Light Company serving The Big Island, and Maui Electric Company serving Maui, Lanai and Molakai.
Apr. 10—The state Legislature appears poised to create a new way for Hawaii electric utilities to pay for wildfire risk mitigation that reduces the cost possibly passed onto ratepayers in an ...
The inclusion of renewable energy distributed generation (DG) and advanced metering infrastructure (AMI or smart meter) in the modern electricity grid has introduced many alternative rate structures. [5] There are several methods that modern utilities structure residential rates: Simple (or fixed) – the rate at which customers pay a flat rate ...
Rank Entity State Class of ownership Parent Number of customers Sales (MWh) Revenue ($1,000 ) Average retail price/kWh) 1: Pacific Gas & Electric: CA: Investor owned
Dec. 14—Hawaiian Electric wants the ability to send more power generated by its customers into the grid in return for financial benefits paid for by ratepayers.
Maui County sued Hawaiian Electric Company on Thursday over the fires that devastated Lahaina, saying the utility negligently failed to shut off power despite exceptionally high winds and dry ...
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