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PUC Annual Report–Fiscal Year 2004-05 - Public Utilities Commission

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<strong>Public</strong> <strong>Utilities</strong> <strong>Commission</strong> <strong>Annual</strong> Report <strong>2004</strong>-<strong>05</strong>State of Hawaii Page 64Figure 40 compares Effective Energy Rates (combined base rate and ERAC) forresidential electricity customers across the State.Figure 40Five <strong>Year</strong> Comparison of Effective Residential Rates$0.350000$0.300000$0.250000$/kWh$0.200000$0.150000$0.100000$0.<strong>05</strong>0000$0.000000Jun '01 Jun '02 Jun '03 Jun '04 Jun '<strong>05</strong>HELCO 0.196341 0.199478 0.206556 0.220088 0.255380HECO 0.132693 0.130019 0.142565 0.143496 0.166079MECO - Lanai Division 0.230081 0.208410 0.223641 0.234637 0.278177MECO - Maui Division 0.170763 0.162420 0.171957 0.203098 0.240693MECO - Molokai Division 0.216106 0.202403 0.215953 0.243115 0.292455KIUC 0.223180 0.219610 0.226790 0.270949 0.291243<strong>Year</strong>Figure 41 compares monthly residential bills across the State over the past five (5)years, assuming 500kwh is used by the customer during the month. 1919 The Residential 500 kwh calculation includes the Effective Energy Rate and othercharges and adjustments that the utility is authorized to assess (e.g., customer charge, IRP/DSMsurcharges, etc. – it varies by company).

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