Is HECO’s Monopoly Over? New Law Could Change Power Market

Hawaiian Electric Co.’s century-long hold on Hawaiʻi’s electricity market soon will change in a major way, creating a potential path to lower rates for businesses and residents. Starting in 2027, HECO will be required to let independent electricity producers use its grid to deliver electricity directly to customers for a fee, potentially ending the utility’s … Continue reading Is HECO’s Monopoly Over? New Law Could Change Power Market