PUC OKs pilot project for lower electricity rates - Hawaii News Now - KGMB and KHNL

PUC OKs pilot project for lower electricity rates

HONOLULU (AP) - A pilot project to lower electricity rates for homeowners and businesses who charge electric vehicles during off-peak hours has been approved by the state Public Utilities Commission.

The Honolulu Star-Advertiser says last week's ruling covers 1,000 Hawaiian Electric Co. customers on Oahu, 300 Hawaiian Electric Light Co. customers on the Big Island and 300 Maui Electric Co. customers on Maui, Molokai and Lanai.

Oahu customers could save about 6 cents per kilowatt-hour off the residential rate by charging their vehicles from 9 p.m. to 7 a.m. On the other islands, off-peak charging rates will be about 7 to 10 cents per kilowatt-hour lower than the residential rate.

Depending on the time of day, on-peak charging would be at higher rates.

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