PUC OKs regulatory changes for Hawaiian Electric
Hawaii Tribune-Herald The state Public Utilities Commission approved Wednesday regulatory changes for Hawaiian Electric aimed at incentivizing the quick adoption of clean energy goals and could lower customers' energy bills. The new regulatory framework - the second phase of a broader regulatory change that began in 2019 - includes a number of changes to Hawaiian Electric's rate-setting metrics, which the PUC says will reduce electricity rates for customers. According to a statement by the PUC, the new framework will transition Hawaiian Electric from a system wherein energy rates are determin...
Source: energycentral.com