HECO aims to double solar-generated power
HAWAII - Hawaiian Electric Co. and its neighbor island subsidiaries hope to more than double the amount of solar-generated electricity in Hawaii.
The utility aims to lease roof space from government agencies and commercial businesses, then contract solar power providers to install photovoltaic systems at these sites.
The contractors would sell the energy to Hawaiian Electric at a fixed rate under a long-term contract.
Photovoltaic systems use silicon panels or similar materials to harness solar energy. The solar power generates electricity which is fed into the utility power grid.
Hawaiian Electric is applying to the Public Utilities Commission for permission to launch the project.
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Moe said the pledge aims to make life more affordable for people. The rate would apply to everyone, including residential customers, farmers, businesses, hospitals, schools and universities.
The plan, which would cost government $261.6 million, expects to save the average residential customer $215 over the course of the year and the average farm customer $845.
“This is a very equitable way to ensure that we are not only providing that opportunity for those dollars to go back…