Ulupono Initiative, Hawaiian Electric Seek 5 Percent Oahu Rate Increase Over Two Years Ulupono Partners With Hawaiian Electric To Seek Rate Hikes Despite Past Criticism Hawaiian El

A green energy group has partnered with a Hawaiian electric company on a proposal to raise energy rates, despite previous criticisms of the same idea. In a joint filing with the utility commission, the Ulupono Initiative and Hawaiian Electric Co. (HECO) requested a 5% rate increase on O’ahu phased over two years, 5.8% on Hawai’i Island and 6.4% for […] The proposal would affect local customers and draw scrutiny from regulators charged with balancing affordability and system reliability.