HAWAII – Hawaii Island electric bills are the lowest in nine years, Hawaiian Electric says, while on O‘ahu, Moloka‘i and Lāna‘i customers are seeing the lowest monthly electric bills in more than six years.
Hawaiian Electric spokesman Darren Pai said in a media release that the decreases are largely due to the continued drop in fuel prices.
Our customers are continuing to receive the savings from low oil prices. But for the long term, continuing to rely on oil is a bad bet and that’s why we are committed to transitioning to low cost renewable energy to reach our state’s energy goals and ensure sustainable savings for our customers. The price of oil is historically volatile, so it can go back up just as quickly as it came down. And with the heat of summer and the humidity we experience in the fall months ahead, we encourage customers to continue to focus on good energy saving habits.”Darren Pai