01-27-2015, 08:22 AM
There is no absolute electric rate but the past two years have been about 42 cents per kilowatt-hour for residential. Now, from December 2014 to January 2015, it has decreased to 33 cents per kilowatt-hour.
http://www.hawaiianelectric.com/vcmconte...EC2014.pdf
The collapse in oil prices has resulted in the decrease of Hawaii electric rates, far exceeding the decrease that was hoped for with alternative energy sources. The electric rate should decrease even more over the next several months, as Hawaiian Electric starts getting more oil from lower price Mexico than long time Indonesian and south east Asia suppliers. The biggest whine of Hawaii gets some cheese.
"Mahalo nui Pele, 'ae noho ia moku 'aina" - kakahiaka oli
http://www.hawaiianelectric.com/vcmconte...EC2014.pdf
The collapse in oil prices has resulted in the decrease of Hawaii electric rates, far exceeding the decrease that was hoped for with alternative energy sources. The electric rate should decrease even more over the next several months, as Hawaiian Electric starts getting more oil from lower price Mexico than long time Indonesian and south east Asia suppliers. The biggest whine of Hawaii gets some cheese.
"Mahalo nui Pele, 'ae noho ia moku 'aina" - kakahiaka oli
*Japanese tourist on bus through Pahoa, "Is this still America?*