Hawaiian electricity utilities predict 100% renewables 5 years early – and 48% in just 4 years


Hawaiian electricity utilities predict 100% renewables 5 years early – and 48% in just 4 years About a year and a half ago, the island state of Hawaii proclaimed a goal of getting to 100% renewable electricity by 2045 – the first US State to make such a proclamation. In the past week, the Hawaiian Electric Companies (HECO) delivered plans showing a progression to 100% renewable electricity before 2040. In a maximum projected model – 100% was possible by 2030 when considering the excess energy generation of residential solar customers. The plan suggests that electricity rates will rise through the mid-2020s due to upgrade requirements, before they fall as the benefit of no fuel electricity pays itself off. Sometime in late 2017, HECO believes they will meet the 2020 goal of 30% renewables – and sets an aggressive goal to maximize installations before the Federal Solar ITC phases out. Bravo Hawaii. See http://ift.tt/2hx0XN7

Comments