According to a report issued by the Hawaiian Electric Company, residents paid 33.5 center per kilowatt-hour in May 2014. This is a slight decrease from the 33.8 cents per kilowatt-hour that HECO charged in April. However, the neighbor islands saw increases in their electrical rates. The Maui Electric Company raised their rates to 37.3 cents per kilowatt-hour, up from 36.5 cents. Hawaii island (Big Island) residents paid 39.8 cents per kilowatt hour, up from 39.1 cents. Kauai residents paid the most at 42.7 cents per kilowatt-hour, up from 41.9 cents the previous month.
Source: Honolulu Star Advertiser, 5-27-2014, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Principal Broker, REALTOR®
Global Executive Realty, LLC
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