Rising fuel prices push up Oahu electricity rates
Advertiser Staff
Oçahu residential electricity rates will rise for the first time since September as per-kilowatt hour prices creep up slightly from May’s rate.
Hawaiian Electric Co. said the typical 600-kilowatt-hour residential bill on O'ahu will increase to $120.36 from $117.45 in May.
The effective rate for electricity in Honolulu will rise to 18.63 cents per kilowatt-hour from the 18.15 cents charged last month.
The O'ahu rate hit a high of 32.5 cents per kilowatt hour in September.
Elsewhere in the state, electricity rates are rising on the Big Island and Maui, while falling on Kauai.
Rates spiked in Hawai'i last year because most of the electricity is produced using petroleum products such as fuel oil or diesel oil, which rose in cost. On O'ahu, rates peaked in September, when residential customers' monthly bill averaged $202.13.