HECO weighs rate hike - Hawaii Business

Full story: Honolulu Star-Bulletin

Hawaiian Electric Co., which has increased rates on Oahu three times since 2005, is anticipating requesting another rate increase to go into effect in 2011.

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R U Kidding

Hanalei, HI

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#1
Nov 3, 2009
 

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There is no difference between HECO and any other gov't operation. No cutting is necessary when you can just keep going back to the public trough and seizing what you need.

As we convert to solar energy, rates will continue to rise. HECO needs to learn from the Hawaiian Tel's of the world
alice

Hanalei, HI

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#2
Nov 3, 2009
 

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HECO is Hawaii's worst company by far
Islandboi

Fort Huachuca, AZ

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#3
Nov 3, 2009
 

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The little third world utility company of HECO thinks it deserves another rate increase to pay more money to its CEO and other do nothing staff. Pure shibai, no more money is needed. What is needed is a top to bottom audit of where our money is going. HECO still uses out of date wooden poles that termites love to munch. Hmmm forward thinking Asian countries use either weather resistant steel or reinforced concrete, both termite proof, saving maintenance costs. Has HECO corrected their self made problems that caused the island wide blackout a short time ago? Are all HECO power stations now set with rapid restart technology HECO admitted they had failed to spend a measly $20 million on, keeping the money for more CEO bonuses and perks while customers spent the day in the dark? Until HECO has been audited by a neutral, outside company not connected to the utility industry and passed, no more money for them. Live within your means HECO, your customers do. Just another day in the little third world of Hawaii Nei.
Greedy

Aiea, HI

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#4
Nov 3, 2009
 

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HEco workers make 300% more then the average worker doing the same job. They should get pay cuts so the electricity rates don't need to be increased for the next 100 years. HECO is the greediest utility and a rip off for the public. Plus HECO workers get free electricity so they don't care about you.
Flexo

Kahului, HI

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#5
Nov 3, 2009
 

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Revenues are down, probably due to people being more energy concious in their homes and also because more homes are getting solar water heaters and PV sysems.
So as we continue to conserve, HECO will continue to seek increases to make up for what the public is saving.
Our lawmakers need to take a look at this. What's the point in someone investing $4000 to $6000 in a solar water heating system to save money only to have HECO turn around and raise rates to make up for the revenue they lost becuase of that solar water heater installation.
And although the PUC denied the full amount requested by HECO last time, they still allowed an interim increase that resulted in the full amount still being levied.
Shocker

Aiea, HI

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#6
Nov 3, 2009
 

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HECO is private, not like the government, they get paid 300% higher plus free electicity. Rates should be brought down to $10/month max and cut the pay of HECO workers to make up the difference.
Huh

Honolulu, HI

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#7
Nov 3, 2009
 

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Republicans want the HECO to increase rates until the locals cannot afford it and have to move away.
Thanks Republicans, I'll remember that on election day.
willie

Waterford, MI

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#8
Nov 3, 2009
 

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LOL, if you think the rates are high and going higher wait till "cap and trade" passes....you ain't seen nothing yet.
Mike

United States

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#9
Nov 3, 2009
 

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Nobody appreciates the electric company until the power goes out. Maintenance time baby. It takes money to fix and repair.
Mike

United States

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#10
Nov 3, 2009
 

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The way to cut electric cost is to reduce the amount you use.
Shocker

Aiea, HI

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#11
Nov 3, 2009
 

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Mike wrote:
The way to cut electric cost is to reduce the amount you use.
Your HECO boss is calling you, please return his call.
Diablo Rojas

Tampa, FL

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#12
Nov 3, 2009
 

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Opinion without proof; worthless as usual.
FEDUP

United States

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#13
Nov 3, 2009
 

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Wow!!!another increase...when is Heco gonna stop the bleeding. Talk about a monopoly.

Score: Heco=1 PUC=1 Consumer=0
local

Wailuku, HI

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#14
Nov 3, 2009
 

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Just another excuse for Connie Lau and friends to get a hefty raise and bonuses. Just a thought Connie, if Heco revenues are down from other years, then start cutting your payroll and benefits. Other companies are doing it. It's about time for Heco to be responsible about scaling back instead of relying with rate increases.
Lau

Lihue, HI

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#15
Nov 3, 2009
 

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The economy is down and elctricty usage is shrinking. How about cut Mrs. Lau pay or get rid of her. The Chinese are good at siphoning everyones money and that is why she is in that position.
She should work as a banker.
OnlyParadise

Kapolei, HI

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#16
Nov 3, 2009
 

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I remember during the morning earthquake on the big island a few years ago, HECO turned off all of the power Plants in Hawaii

Instead of turning off one power plant at a time
and only have a rolling black out in different area of the island to check the power plants, HECO turned off all of the power plants in Hawaii at the same time

and thus people in Hawaii were without power for 17 hours to 2 days.

This shows you people in charge does not know what they are doing.

when you have a monopoly they can lie to you and do whatever they want

give us nuclear power,it is 1/7 of the cost of coal and oil paid in Hawaii

be a sheep
vote democrap
Islandboi

Fort Huachuca, AZ

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#17
Nov 3, 2009
 

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True. However, that is not all HECO does with your money. Remember how the earth quake revealed how out of date HECO's generation system was. Should not have shut off in the first place, then took all day to restart. HECO admitted this was their fault, they knew it was like this and failed to spend $20 million to correct the problem. HECO just isn't a forward thinking company. Need a full audit and management review. Also, the PUC is in HECO's back pocket, HECO asks for twice what they need, PUC cuts in half, a wink and a nod and everyone is happy save for their customers. Also need to end this free/low cost power to HECO workers. Discounted power should be counted as income by the IRS and taxed. No free rides for anyone, we all pay our fair share, a concept HECO hasn't got a clue on. Besides other areas that is. Just another day in the Nei.
Mike wrote:
Nobody appreciates the electric company until the power goes out. Maintenance time baby. It takes money to fix and repair.
Union Carpetbagger

Aiea, HI

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#18
Nov 3, 2009
 

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Another greedy private company.
Pat

Hanalei, HI

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#19
Nov 3, 2009
 

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No to a rate hike.
R U Kidding

Libertyville, IL

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Nov 3, 2009
 

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Huh wrote:
Republicans want the HECO to increase rates until the locals cannot afford it and have to move away.
Thanks Republicans, I'll remember that on election day.
Thats funny! There are like 4 Republicans in elected office in the entire state and yet they still get the blame! They have nothing to do with the rate hikes! Good Grief!

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