From the article:
The state signed 20-year power purchase agreements with Hoku Scientific Inc. last fall. Under the agreements, the state is paying 38 cents a kilowatt hour on Maui and Kaua'i for solar power. In Hilo the rate is 33 cents a kilowatt hour, and in Kona the rate is 32 cents a kilowatt hour. Hawaiian Electric Co.'s rates for medium and large customers on Maui this month vary from 16 cents to 21 cents a kilowatt hour.
I also saw in the article that simialr contracts were for " 20 cents to 22.5 cents a kilowatt hour...."
I didn't see that in HECO's rate schedule. So how DOES all that work?
From:
http://www.heco.com/portal/site/heco/menuitem.508576f78baa14340b4c0610c510b1ca/?vgnextoid=692e5e658e0fc010VgnVCM1000008119fea9RCRD&vgnextchannel=10629349798b4110VgnVCM1000005c011bacRCRD&vgnextfmt=defau&vgnextrefresh=1&level=0&ct=article
Hawaii Electric Light Company (island of Hawaii)
Rate Schedule Average cents per kilowatthour
Residential 40.88
"P" Large power use businesses 34.59
"J" Medium power use businesses 37.64
"G" Smaller power use businesses 46.05
"H" Commercial Cooking and Heating 39.90
"F" Street and Park Lighting 39.1Maui Electric Company (Maui County)
Rate Schedule Maui Molokai Lanai
Average cents per kilowatthour Average cents per kilowatthour Average cents per kilowatthour
Residential 37.12 43.69 44.10
"P" Large power use businesses 33.56 38.44 42.63
"J" Medium power use businesses 36.40 44.18 46.78
"G" Smaller power use businesses 39.73 52.17 47.60
"H" Commercial cooking, heating, air conditioning & refrigeration 36.81 41.34 43.60
"F" Street and Park Lighting 34.68
41.89 42.64
"N" Off-Peak and Interruptible Service N/A N/A N/A
6
Am I missing something?