Hawaiian Electric Co. residential customers on Oahu will pay an average of 13 cents more a month over the next three years to cover the cost of preliminary studies HECO completed as part of its plan to generate wind energy on the neighbor islands and transmit it to Oahu via an undersea cable.
The Public Utilities Commission last week gave HECO final approval to collect $4.4 million from ratepayers to cover the costs for “Big Wind” implementation studies done in 2009 and 2010. The cost worked out to 0.021 cents a kilowatt-hour, or 13 cents a month for a typical residential HECO customer using 600 kilowatt-hours a month, according to HECO’s filing with the PUC. Login for more…
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