beyondkona.com
HECO in the Spotlight - Part 2 - BeyondKONA
Struck between Shareholder Priorities, Customer Priorities, and States Mandates – HECO is adrift… Investor-owned utilities (IOUs), as is the case with HECO, are the old-school, for-profit, regulated-monopoly utilities, with a captive customer base and profits guaranteed by law. Yet, Hawaii’s 2045 clean energy (RPS) mandate requires HECO to institute operating reforms that must, first and foremost, …