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Oahu electric rates fall in September for third straight month

By Star-Advertiser Staff

POSTED:



Residential electricity rates fell on Oahu in September for the third consecutive month.

Hawaiian Electric Co. said a typical 600-kilowatt-hour bill for Oahu residential customers fell by $5.83 to $209.82 in September from $215.65 in August. The effective rate for electricity on Oahu is 33.50 cents a kilowatt-hour, down from 34.5 cents  a kilowatt hour last month. Electric rates also fell in August and July.

Elsewhere in the state:

-- Maui Electric Co. customers saw rates fall to 34.9 cents per kilowatt-hour this month from 35.40 cents in August. The typical Maui bill fell by $3.18 to $218.12.

-- Hawaii island residential rates rose to 40.7 cents a kilowatt-hour from last month's 40.10 cents. The typical bill rose by $3.87 to $254.69.

-- On Kauai, the rate rose to 40 cents per kilowatt-hour. Last month the rate charged by the Kauai Island Utility Cooperative was  38.4 cents per kilowatt-hour.

HECO adjusts its rates monthly largely to reflect changes in fuel costs. The utility generates 75 percent of their electricity from petroleum, making rates sensitive to volatility in oil prices.







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false wrote:
WHY DOES A MONOPOLY ADVERTISE. Shouldn't the PUC restrict or outlaw this?
on September 11,2012 | 03:25PM
islandsun wrote:
Dont fall for it. HECO did this last time right before their next rate incease request. Remembe,r they have a ponzi scheme going.
on September 11,2012 | 04:25PM
safari wrote:
Reduction of $.01/kWh?
on September 11,2012 | 04:40PM
Kealii wrote:
Eh! Just because oil prices go up doesn't mean electricity rates have to go up! What is this, copy cat action?!? Ainokea! Give me freeeeeeeee eeeeeleeectriiiiciittyyyyyy! Bahahahahahaha. Shoots, raise the rates as high as you like, ainokea! I still got my candles, hibachi and paper airplanes. Good enough!
on September 11,2012 | 04:45PM
kennie1933 wrote:
Wow, $5.83 a month more to spend! I can get a McDonald's #7 meal! No.... A Zip Pac! No.... Oh well, maybe just a Starbucks frapp. Or maybe I'll just put it in my savings account where I'm earning .00005% interest.
on September 11,2012 | 05:12PM
poidragon wrote:
How can September Electric rates fall, when HECO bills you for the electricity used the month before? If your getting your Electricity bill in September, that is for the amount of energy your household used in August! Sounds fishy to me!
on September 12,2012 | 02:21AM
peanutgallery wrote:
If you believe this story, you're an ijut
on September 12,2012 | 04:43AM
nodaddynotthebelt wrote:
Yes, by a few pennies.
on September 12,2012 | 12:09PM
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