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HECO to raise monthly bill by $4.89

By Star-Advertiser staff

POSTED:
LAST UPDATED: 02:50 p.m. HST, Jun 02, 2014


The average Hawaiian Electric Co. bill will go up by $4.89 per month after the state Public Utility Commission approved the increase Friday.

The PUC said the increase is part of the plan to "decouple, or break the link between sales and total electric revenues and thereby removes the utilities' disincentives to increase energy efficiency and integrate customer-sited generation, such as rooftop photovoltaic systems."

In addition, the increase will compensate HECO for higher utility costs and infrastructure investment, the PUC said.

The $4.89 per month increase applies to the typical HECO customer using 600 kilowatt hours of electricity per month. PUC also approved similar increases for the Hawaii Electric Light Co. on the Big Island and the Maui Electric Co. that serves Maui, Lanai and Molokai.







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loquaciousone wrote:
Give Constance another raise.
on June 2,2014 | 01:41PM
DAGR81 wrote:
She already got it.
on June 2,2014 | 01:51PM
AhiPoke wrote:
That was my first thought as well. I find it ridiculous that the CEO of a utility company, that's guaranteed a profit, is rewarded with lavish pay and bonuses.
on June 2,2014 | 01:56PM
lwandcah wrote:
When on earth the PUC going to start represent the public that it has been tasked with protecting?
on June 2,2014 | 03:50PM
saywhatyouthink wrote:
The PUC is controlled by Neil, who is in turn owned by the unions, developers and monopoly business owners. It's business as usual in hawaii.
on June 2,2014 | 10:21PM
DAGR81 wrote:
and for a part-time job.
on June 2,2014 | 04:19PM
what wrote:
They raised minimum wage, so she needs more money to pay the help at her luxury homes. See, minimum wage raises hurts the entire economy. All business costs are passed to the consumer.
on June 2,2014 | 01:58PM
HD36 wrote:
Constance, I love older rich women. I'll shine your shoes everyday with my tongue.
on June 2,2014 | 05:09PM
localguy wrote:
Mini Me already beat you.
on June 2,2014 | 06:46PM
mitt_grund wrote:
Actually, surprise of surprises, her income stream was reduced by 2 mill to 4 mill. Guess stockholders were cognizant that her performance was less than 6 mill would warrant.
on June 2,2014 | 06:10PM
wondermn1 wrote:
So basically if you use a normal amount of Electricity- but if you use more like if you own a home rather than a studio apt you will pay much much more. looks like HECO is going to be even more profitable than in the past so Constance will probably get a raise at our expense
on June 2,2014 | 01:48PM
Ezdeewilly wrote:
I'm afraid this is just a precursor to the hikes that are coming
on June 2,2014 | 01:55PM
MakaniKai wrote:
We love our RevoluSun !!!!!!
on June 2,2014 | 01:58PM
what wrote:
I got one of those Mr. Fusion, like in the Back to the Future.
on June 2,2014 | 02:09PM
lwandcah wrote:
I want to get one but the brilliant minds at HECO are telling me I can't. I wonder how long it will take before some electrical engineer out there calls them on their bluff regarding the made up term "saturated circuits"; shibai.
on June 2,2014 | 03:47PM
DanLBoom wrote:
Thanks ,HECO for making Hawaii no.1 Nationally. again.. Imua
on June 2,2014 | 02:15PM
ryan02 wrote:
"Decoupling" = "You can stop buying our product, but the Puppet Utilities Commission will allow us to keep billing you the same amount (or even more)"
on June 2,2014 | 02:35PM
saywhatyouthink wrote:
No ... they can bill everyone more to compensate for the loss of revenue. Heco will esentially be able to get the same revenue even though their sales drop due to the installation of PV. It's quite a clever scheme that's very slanted in favor of the Utility. But then the system has always been slanted in their favor because they give money to the politicians who control the PUC.
on June 2,2014 | 10:31PM
FLIPTOP2 wrote:
So how many of these PUC members have stock in HECO? An agency with one of the worst performance records any where. How about all those outages caused by wire stealing - and oh by the way not once in the same place but 3 times! Only here in Hawaii-nei
on June 2,2014 | 02:39PM
localguy wrote:
They are all on HECO's salary, lap dogs and yes men.
on June 2,2014 | 06:47PM
Bully wrote:
The highest rates in the nation are going to get even higher. One last gift from the retiring CEO, higher rates. Gee thanks.
on June 2,2014 | 02:53PM
all_fed_up wrote:
"The PUC said the increase is part of the plan to "decouple, or break the link between sales and total electric revenues and thereby removes the utilities' disincentives to increase energy efficiency and integrate customer-sited generation, such as rooftop photovoltaic systems." Whaa???
on June 2,2014 | 02:56PM
ryan02 wrote:
It means HECO will keep making higher and higher profits, as people use less and less of their product. What's not to love about it?!
on June 2,2014 | 03:19PM
nitpikker wrote:
i think this is to fund that low-income rate drop.
on June 2,2014 | 02:57PM
KWAY wrote:
Didny HECO just say rates were going down by .03 cents?
on June 2,2014 | 02:58PM
Skyler wrote:
Morita's gift to the Gov. for keeping her job, no doubt.
on June 2,2014 | 03:24PM
ryan02 wrote:
Each home needs its own battery bank to get off the grid completely, and shut HECO down. I anticipate cheap, reliable ones will be available in the near future from Europe, where they take alternative energy seriously. Ever seen those commercial buildings in Germany where instead of traditional glass windows, they have solar panels? Hawaii is always behind the curve, but eventually we'll get there. I guess HECO executives and their PUC puppets are banking their money now, in anticipation of the inevitable.
on June 2,2014 | 03:25PM
Maneki_Neko wrote:
Constance smiles. Just the smallest of smirks.
on June 2,2014 | 03:28PM
BlueDolphin53 wrote:
Someone explain this to me. We have to subsidize HECO an extra 5 bucks a month to get them to improve on energy efficiency????? Is this a joke???
on June 2,2014 | 04:51PM
Readitnow wrote:
The article says … "The $4.89 per month increase applies to the typical HECO customer using 600 kilowatt hours of electricity per month." So, it doesn't affect me because I use more than 600 kilowatt hours per month. Right?
on June 2,2014 | 05:01PM
HD36 wrote:
So make up for lost profits from solar by making everyone pay more? Only in an asinine socialist regime.
on June 2,2014 | 05:07PM
Maneki_Neko wrote:
It's nice to be a monopoly.
on June 2,2014 | 05:18PM
gmkhawaii wrote:
PEOPLE...... HECO is a PUBLICLY traded company on the STOCK EXCHANGE !!!......its NOT about saving the consumer money, that would be DETRIMENTAL to its BOARD of TRUSTEES and the company as a whole.
on June 2,2014 | 05:08PM
lwandcah wrote:
It is also a regulated utility (ie monopoly), I just don't know who or what is being regulated.
on June 2,2014 | 05:29PM
supergrady wrote:
This quote is amazing: "decouple, or break the link between sales and total electric revenues and thereby removes the utilities' disincentives to increase energy efficiency and integrate customer-sited generation, such as rooftop photovoltaic systems." So in order to stop HECO from abusing the power of its monopoly to crush potential competition, the PUC will simply allow them to bill you more to make up for the potential loss of revenue that HECO might have endured had it been able to continue abusing the power of its monopoly to crush potential competition. "Hey, if you want us to stop stealing from you you're going to need to let us steal from you"
on June 2,2014 | 05:12PM
gmkhawaii wrote:
NO different than walmart, if sales drop by 10% they lose profit. like any other retail business company, HECO just happens to be a UTILITY company that 99% of us on OAHU NEEDS. ....can you say MONOPOLY ! which is exactly what HECO is....... sure we'll lose income to those pesky(smarter than your average bear) people that install PV systems but hey, we'll just make up some excuse to the PUC (since we own them..heco that is) and convince the general public that its necessary for the increase....thank you very much, as Lex would say.
on June 2,2014 | 05:14PM
kahuku01 wrote:
The more and more erected wind turbine throughout the mountain side is to produce electricity at a lower cost, and it will never help lower the consumer's electric bill, but increase the profit margin for share holders and employees of HECO. It's all a shibai about lowering cost to produce electricity because PUC will never lower the cost of producing electricity. What a scam!!
on June 2,2014 | 05:16PM
mosquito1210 wrote:
HECO has lower profits and now the company has to answer to the stockholders or be fired, the answer to the problem ,raise the price a little more as to not upset consumers and squeeze a little juice for the stockholders. And make up something to explain the raise in prices!!!
on June 2,2014 | 05:43PM
TigerEye wrote:
The very picture of corporate gobbledygook. That sentence needs a decent burial.
on June 2,2014 | 05:58PM
false wrote:
What a joke they are...PUC, is just as bad, one of the highest rate in the country just got higher. They should be a shame of themselves, because all they really care about is their profits.
on June 2,2014 | 05:58PM
TigerEye wrote:
The very picture of abstract language are... without the art. That sentence needs to be taken out and shot
on June 2,2014 | 05:59PM
Wazdat wrote:
Total B $$$$$$$$$$$$$$$$$$$$$
on June 2,2014 | 06:15PM
Forever_Grateful wrote:
I agree Wazdat ... totalllll BS - they're trying to make up for more and more people going GREEN - ya know the ones they have to BUY back the electric so they sock it to us peons. They have to pay their union family. We the public need HECO to have competition!!
on June 2,2014 | 08:26PM
CEI wrote:
Translation for the PUC explanation: The increased usage of rooftop PV systems has resulted in less revenue for HECO. Thus, lower income folks who cannot afford the upfront cost of a shiny new PV system will have to make up the difference through higher rates.
on June 2,2014 | 08:43PM
saywhatyouthink wrote:
thats exactly what they mean.
on June 2,2014 | 11:25PM
bekwell wrote:
You hit it right. If everyone uses less power, rates go up. Same for insurance companies. No insurance company ever ever went out of business. They just raise rates.
on June 3,2014 | 04:01AM
saywhatyouthink wrote:
Have no doubt, unions, developers and monopoly business owners run this state.
on June 2,2014 | 10:18PM
Uncleart66 wrote:
Don't forget to vote.....
on June 3,2014 | 03:30AM
mineeyes wrote:
Damn! Now my $17 mo.bill going skyrocket to $23!
on June 2,2014 | 10:52PM
bekwell wrote:
Poor management always results in an increase in prices for customers.
on June 3,2014 | 03:55AM
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