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Interesting profit, despite no merger.
Totally expected, from the one time merger breakup fee bonus. Enjoy it while it lasts!
HECO is a monopoly. Not hard to overcharge and make obscene profits. IT has gone on for years.
Solar industry suffers and these guys keep raking it in.
While it’s nice they are operating at a profit, how nice would it be if the top three board members did not consume ALL the gravy. Special Report: CEO pay soars, HEI receives “F” for executive pay. Why is it necessary for Ms Lao to make the combined salary of Hawaii’s next two largest Corporations CEO’s ? BOH n Hawaiian Airlines ?? You have to add Ho’s n Dunkerly salary together to get close to what Lao is receiving. This just proves that this monopoly on our Electric Grid is truly, totally disgusting. If we had someone, anyone looking out for Joe Q ratepayer, this would not be happening. Monopolies are the worst thing ever for consumers. I believe a 4th grader knows this.
So Trump might comprehend this…
It would be nice to get a comment from the Public Utilities Commission.
How could HEI not make a profit. They have had a power monopoly here for over a 100 years.