HE and NEE to merge.

[opihikao]

Of interest perhaps, being this deal is really not a "done deal" just yet. Thoughts on HELCO being a truly "public utility" (ie. "Co-op")?


(*Snipped - More at link)

We have invited Dennis Esaki, a founder of Kauai Island Utility Cooperative (KIUC), and David Bissell, CEO of KIUC, to speak to us about how one forms a community-based utility. Having such a utility cooperative here on the Big Island would give us more control over our destiny.

It will be held this Friday, December 19, 11:30 a.m., at the former C. Brewer Executive Center in Wainaku. The event is sponsored by the Big Island Community Coalition, the Hilo Hamakua Coast Development Corporation, and the Hawaii Farmers and Ranchers United. The Ed Olson Trust is providing the Wainaku Executive Center facilities. Please R.S.V.P.

The Kauai Island Utility Cooperative was formed in 2002 when Citizens Communications’ Kauai Electric announced that it was selling the Kaua‘i utility. We have a similar situation right now in that Hawaiian Electric Industries (HEI) recently announced it is selling to NextEra.


http://hahaha.hamakuasprings.com/2014/12...co-op.html



Also of note, currently, there is a lawsuit filed prior to the "merger", in Honolulu by attorney, John Carroll, et al., to end the HEI monopoly.

http://www.hawaiifreepress.com/ArticlesM...opoly.aspx

Food for thought.

JMO.