Residential electric bills going up next month - Hawaii News Now - KGMB and KHNL

Residential electric bills going up next month

HONOLULU (HawaiiNewsNow) - Hawaiian Electric Co. says average residential power bills will be rising 71 cents in January to pay for energy-saving incentives.

The Public Utilities Commission has already approved the hike, which calls for the new fees to be put into a public benefits fund.

The fund pays for rebates for buying solar water heaters, energy-efficient appliances and compact fluorescent light bulbs.

The PUC expects the fund will raise about $36 million next year, with about 45 percent of the benefits going to residents and 55 percent to commercial customers.

Residential payments to the fund averaged $1.19 a month when it was launched in 2009. After the rate hike, the average is $3.51 monthly.

 The Associated Press contributed to this report.

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