Hawaiian Electric Co. responds to directive from Public Utilities Commission

A groundbreaking decision and order made by the Hawaii Public Utilities Commission last week was met with cautious optimism by the subject of the changes, Hawaiian Electric Co.

HECO, which collaborated with the PUC and other parties over the last two and a half years on this framework for new performance-based regulation (PBR) oversight, indicated Monday it was mostly supportive of the move that’s geared toward lowering customers’ bills while meeting the state’s 100% renewable energy goal…

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