Utility company proposes time-of-use power rates on Maui - Hawaii News Now - KGMB and KHNL

Utility company proposes time-of-use power rates on Maui

WAILUKU, Hawaii (AP) - Hawaiian Electric Companies is proposing changes to its power rates that would encourage residents to use electricity when solar and wind power resources are most productive.

The Maui News reports that the proposed time-of-use power rates were recently announced by Maui Electric Co., the utility's parent company. The proposal still needs to be approved by the Hawaii Public Utilities Commission.

Current residential rates for Maui County residents are: 26.3 cents per kilowatt hour on Maui, 30.7 cents per kilowatt hour on Molokai and 32.2 cents per kilowatt hour on Lanai.

Under the proposed changes, rates would decrease during midday power use from 9 a.m. to 4 p.m.

The utility has also proposed time-of-use rates for Hawaii public schools in an effort to keep classrooms cool at an affordable price.

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