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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 ...
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 Utilities announced its intentions to divest from the electric utility business and a group of business leaders from Kauaʻi joined to found the Kauaʻi ...
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.
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 ...
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 ...
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Hawaii electricity production by type. Hawaii has committed to developing renewable energy to supply 70 percent or more of Hawaii's energy needs by 2030. [4] [5] [6] Hawaii requires solar water heaters for new homes, except for those in areas with poor solar energy resources, homes using other renewable energy sources, and homes employing on ...
Dec. 10—Hawaiian Electric is starting contract negotiations with developers of 15 renewable energy projects across the state that will "further reduce Hawaii's dependence on imported oil for ...