According to a report released by the Hawaiian Electric Company, electrical rates declined to 31.8 cents per kilowatt-hour in May. This is the lowest rate that residents of the island of Oahu has seen in 2013. The neighbor islands also experienced rate declines. Maui Electric Company charged their clients 37.1 cents per kilowatt-hour. Big Island of Hawaii customers paid 39.3 cents per kilowatt-hour. Kauai residents paid 41.9 cents per kilowatt-hour. Hawaii has the highest electrical rates in the nation. According to the Energy Information Agency, the national average in February 2013 was 11.61 cents per kilowatt-hour.
Source: Honolulu Star Advertiser, 5-22-2013, 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
