According to a report released by the Hawaiian Electric Company, residential electrical rates fell on the island of Oahu during the month of September, making it the third consecutive month were rates had dropped. HECO attributed this decrease to lower fuel costs, and noted that Oahu residents were paying 33.5 cents per kilowatt-hour. In comparison, Maui Electric Company charged 34.9 cents per kilowatt-hour and residents on the Big Island of Hawaii paid 40.7 cents per kilowatt-hour. The island of Kauai had the highest rates of the state at 43.1 cents per kilowatt-hour. The U.S. Energy Information Administration noted that the national average is 12.1 cents per kilowatt-hour.
Source: Honolulu Star Advertiser, 9-12-2012, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
