12-15-2018, 07:24 PM
"In a press release, the utility said part of the increase would be used to fund grid modernization efforts, repairs to facilities damaged by the Kilauea eruption and increasing operation at power plants due to the loss of Puna Geothermal Venture, increased vegetation management, repairing and repowering the Waiau hydro plant, enhancing cybersecurity, and equipment upgrades or repairs."
[...]
"On Thursday, HELCO President Jay Ignacio said he hadn’t done an analysis, but he doesn’t think losing PGV had a significant impact on rates since most of the power purchased from the plant is already tied to the price of oil."
So which is true?
[...]
"On Thursday, HELCO President Jay Ignacio said he hadn’t done an analysis, but he doesn’t think losing PGV had a significant impact on rates since most of the power purchased from the plant is already tied to the price of oil."
So which is true?

