Oahu homes to see small break in bills
OAHU, HAWAII - Oil prices have quickly fallen in recent months, but the electricity bill for Hawaii homeowners remain near its highest levels.
Hawaiian Electric Co. says Oahu homeowners will be getting a slight break on their bills this month.
The typical home, which uses about 600 kilowatt hours, will see their bill drop about 7.4 percent to $182.01 from the $196.52 they were billed in October.
HECO says more cuts could be in order given oil's decline. Most of the electrical generators in Hawaii run on oil.
That should provide some relief for homeowners who have seen their bills rise this year to a peak of 32.5 cents per kilowatt-hour in September. It now stands at 28.9 cents.
Hawaii residents have the highest average statewide electricity rates in the nation, paying almost three times the U.S. average.
Related News
Site C mega dam billions over budget but will go ahead: B.C. premier
VANCOUVER - The cost to cancel a massive B.C. energy development project would be at least $10 billion, provincial officials revealed in an update on the future of Site C.
Thus the project will go ahead, Premier John Horgan and Energy Minister Bruce Ralston announced Friday, but with an increased budget and timeline.
Horgan and Ralston spoke at a news conference in Victoria about the findings of a status report into the hydroelectric dam project in northeastern B.C.
Peter Milburn, former deputy finance minister, finished the report earlier this year, but the findings were not initially made public.
$10B more than initial estimate
On…
