KIUC Linemen All Geared Up - Kauai Island Utility Cooperative
KIUC Linemen All Geared Up - Kauai Island Utility Cooperative
KIUC Linemen All Geared Up - Kauai Island Utility Cooperative
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Where Your<br />
Electric Dollar<br />
Goes<br />
Most of the electricity we use on Kaua‘i is<br />
generated by engines and turbines that burn fuel.<br />
Buying that fuel is <strong>KIUC</strong>’s singlelargest expense.<br />
Just like the fuel you buy for your car, the price<br />
of fuel we buy changes every time we buy it. In<br />
fact, it changes so much more often than any of<br />
our other expenses that when the Hawai‘i Public<br />
Utilities Commission set the rates <strong>KIUC</strong> charges for<br />
electricity, it built in a monthly adjustment that<br />
goes up and down with the price we pay for fuel,<br />
for a given efficiency target.<br />
Fuel Costs as of July 2011<br />
Fuel .53<br />
Operations .20<br />
Everything and everyone<br />
working to keep the lights<br />
on.<br />
Your Margins .07<br />
For every $1 you pay, 7¢<br />
goes into your account<br />
Taxes .08<br />
State and county tax<br />
Capital .12<br />
Depreciation & interest<br />
expense<br />
OCTOBER 2011 53