This shouldn’t come a a surprise to anyone, but new data from the federal government shows that Hawaii residents paid the highest rates for electricity in the country in 2010. This will probably be the cae for 2011 as well, once those numbers are tallied.
The U.S. Energy Information Administration says the average price in Hawaii that year was 25.1 cents per kilowatt-hour. Tis of course led the nation, while Wyoming had the lowest retail rate at 6.2 cents. The national average was 9.83 cents.
Only a decade ago in 2000, Hawaii residents paid 14 cents per kilowatt-hour for electricity. As you can see the numbers now are much higher.
HECO continues to raise its premiums, and while they say it is necessary, they are also posting huge gains when their financials are released.