17.07.2013 Views

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

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

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

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!