According to the Hawaiian Electric Company, residential electrical rates increased to 33.8 cents per kilowatt-hour in April 2014, from the 33.6 cents per kilowatt-hour posted in March. In comparison, Maui Electric Co. charged their residents 36.5 cents per kilowatt hour, Big Island residents paid 39.1 cents per kilowatt-hour, and Kauai residents paid 41.8 cents per kilowatt-hour. According to the U.S. Energy Information Administration, Hawaii resents spent an average of 37.4 cents per kilowatt-hour in January 2014, while the national average was just 11.7 cents per kilowatt-hour.
Source: Honolulu Star Advertiser, 4-19-2014, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Principal Broker, REALTOR®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
