03-01-2011, 01:26 AM
Sounds like an expansion of geothermal is on the front burner
http://www.hawaiitribune-herald.com/arti...ocal02.txt
"PGV currently supplies about 17 percent of the Big Island's power needs, Kaleikini said.
It costs PGV between 11 cents and 12 cents to produce each kilowatt-hour of electricity, which it then sells to Hawaii Electric Light Co. for 16 cents based on current oil prices, he said."
comment: End users are billed at 37 cents - not a bad markup
http://www.hawaiitribune-herald.com/arti...ocal02.txt
"PGV currently supplies about 17 percent of the Big Island's power needs, Kaleikini said.
It costs PGV between 11 cents and 12 cents to produce each kilowatt-hour of electricity, which it then sells to Hawaii Electric Light Co. for 16 cents based on current oil prices, he said."
comment: End users are billed at 37 cents - not a bad markup