02-25-2015, 04:40 AM
This article was in the Feb. 18 Hilo Tribune. We need to support this! It's great to see some community leaders with vision without profit/greed as motive. I didn't realize Kauai has the state’s only electric cooperative, and this group plans to study their business model.
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"What if Hawaii Island residents owned their own electric utility?
That’s the question being posed by a nonprofit group that filed on Feb. 11 a motion with the Hawaii Public Utilities Commission to intervene in the pending $4.3 billion sale of Hawaii Electric Light Co’s parent company, Hawaiian Electric Co. (HEI), to NextEra Energy.
The Hawaii Island Energy Cooperative is a group of Big Island community and business leaders exploring the idea of public ownership. . ."
Read the full article at:
http://hawaiitribune-herald.com/news/loc...p-explored
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If this were to come to pass, how would it affect HELCO and Ormat and the rest? How does a public utility phase out the giants?
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"What if Hawaii Island residents owned their own electric utility?
That’s the question being posed by a nonprofit group that filed on Feb. 11 a motion with the Hawaii Public Utilities Commission to intervene in the pending $4.3 billion sale of Hawaii Electric Light Co’s parent company, Hawaiian Electric Co. (HEI), to NextEra Energy.
The Hawaii Island Energy Cooperative is a group of Big Island community and business leaders exploring the idea of public ownership. . ."
Read the full article at:
http://hawaiitribune-herald.com/news/loc...p-explored
***********
If this were to come to pass, how would it affect HELCO and Ormat and the rest? How does a public utility phase out the giants?