Oahu residents will see an increase in their electric bills in January 2014 as the Hawaiian Electric Company increases rates to 34.9 cents per kilowatt-hours. According to the Hawaiian Electric Company, part of the reason why the electrical cost increased was due to the fact that some of the more efficient generators were shut down due for maintenance reasons. HECO company spokesman, Peter Rosegg, stated, "Maintenance is part of the operation of any piece of machinery, and a generator and its auxiliary equipment are a complex system. We schedule regular maintenance to have as little impact as possible on customer bills. But inevitably there are times when highly efficient generators need work."
Maui residents will pay 35.7 cents per kilowatt-hour. Hawaii (Big Island of Hawaii) residents will pay 39.5 cents per kilowatt-hour. Kauai residents will pay 42.3 cents per kilowatt hour.
Source: Honolulu Star Advertiser, 1-24-2014, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Principal Broker, REALTOR®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
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