What are the different rates and tariffs offered?
Hawaiian Electric Company provides a variety of rates and tariffs tailored to meet the diverse needs of its residential, commercial, and industrial customers. The specific rates may differ based on factors such as location, energy usage, and the type of service required. For residential customers, there are typically several options, including a standard rate, time-of-use rates, and special rates for renewable energy programs.
The standard residential rate generally charges customers based on a fixed rate per kilowatt-hour consumed. Time-of-use rates encourage customers to use electricity during off-peak hours, potentially leading to cost savings. Additionally, there are rates designed for customers who utilize solar energy or other renewable energy sources, which may provide credits for excess energy returned to the grid.
Commercial customers can also benefit from different rate structures. These may include demand charges, which are based on the peak level of electricity usage during a billing period, along with options for time-of-use and other specialized tariffs.
Hawaiian Electric often reviews and updates its rates to reflect changes in energy costs and regulatory requirements. For the most accurate and detailed information about current rates and tariffs, it is advisable to look at the official website of Hawaiian Electric Company. This will provide the latest information and resources for potential customers.
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