electricity bills
According to a recent article on Bloomberg, energy prices are expected to rise as much as 20% by 2020 due to new regulations for low sulfur fuel for oceangoing ships. Currently, Hawaii generates about 70% of its energy with low-sulfur oil. In 2020, maritime regulations will require ships worldwide to lower the amount of sulfur…
In light of a base rate increase implemented earlier this year and the cost of oil in the $60-$70/barrel range, the cost of HELCO power is closing in on the 40 cents/kWh range. The small commercial G effective rate is 39.56 cents/kWh, which represents an 11 percent increase since November 2017 and 24 percent increase…
According to an article in Star Advertiser released March 23, electricity bills are rising across the Islands. While the cost increase is just a fraction of a cent per kilowatt-hour the impact on your electric bill amounts to an extra several dollars compared to the previous month’s bill. For the Big Island, an average household…