The Hawaiian Electric Company has announced that electrical rates have decreased by 11 percent in December 2012 as compared to the same month a year prior. Oahu residents will pay 31.1 cents per kilowatt-hour, which means that a typical 600-kilowatt-hour home would pay $195.38. Neighbor islands also saw a decrease in rates. Maui customers paid the Maui Electric Company 39.5 cents per kilowatt-hour. Big Island of Hawaii residents paid 38.7 cents per kilowatt-hour. Kauai residents paid the Kauai Island Utility Cooperative 43.9 cents per kilowatt-hour.
According to the U.S. Energy Information Administration, in the month of September 2012, Hawaii had the highest electrical rate in the nation at 37.07 cents per kilowatt-hour. In comparison the national average was 12.3 cents per kilowatt-hour and the low was the state of Idaho at 8.1 cents per kilowatt-hour.
Source: Honolulu Star Advertiser, 12-21-2012, 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
