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However, more than 1, 200 survivors of the Aug. 8 inferno that destroyed most of Lahaina object to Hawaiian Electric, the state-regulated utility serving Maui, being able to charge ratepayers who ...
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.
Producing energy is complicated by the state's isolated location and lack of fossil fuel resources. The state relies heavily on imports of petroleum; Hawaii has the highest share of petroleum use in the United States, with 67% of electricity generation in the state coming from petroleum in 2023, compared to less than 1% nationally. [1] [2]
Kauaʻi Electric was incorporated in 1905 as a subsidiary of McBryde Sugar in order to construct a 2.4 MW hydroelectric plant on the Wainiha River. Kauaʻi Electric merged with Lihue Plantation's Waiahi Electric Company early in the 1950s. Kauaʻi Electric became a division of Citizens Utilities Company in 1969. In the late 1990s, Citizens ...
CRAIG T. KOJIMA / CKOJIMA @STARADVERTISER.COM. Hawaiian Electric vice president Jim Alberts and Shelee Kimura, president and CEO of Hawaiian Electric, speak to state senators on April 18. 1 /2 ...
Hawaiian Electric's share of the settlement liability is $1.99 billion. The problem is that Hawaiian Electric only had $550 million in cash on its balance sheet as of June 30, and is also paying a ...
The utility-scale electrical energy generation mix in 2023 was 77% petroleum-derived fuels, 6.8% solar, 6.8% wind, 3.7% geothermal, 3% biomass, 0.9% hydroelectric, and 1.9% other. [1] Hawaii's one geothermal plant, which previously supplied about 2% of the state's and 10% of the Big Island 's electricity, was offline during 2019 to repair ...
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.