09/11/2024 | Press release | Distributed by Public on 09/12/2024 19:50
The State of Hawaii Public Utilities Commission will hold a series of state-wide public hearings starting October 4 regarding Hawaii Gas' application for rate increases and revised rate schedule and rules. All are invited to attend the public hearings and state their views on the application, which is described further below.
Public Hearing Information
Last updated 9/11/2024
Date & Time | Island | Location |
October 4 5:00 p.m. |
Kauai |
In-person Lihue State Office Building Conference Room 209 A, B, & C 1680 Haleukana Street Lihue, Hawaii 96766 |
TBD | Molokai |
Online via WebEx Link: Meeting Number: Meeting Password:
Telephone
Watch Live Stream: |
TBD | Lanai |
Online via WebEx Link: Meeting Number: Meeting Password:
Telephone
Watch Live Stream: |
TBD | Maui |
In-person Kihei Elementary School 250 E. Lipoa St Kihei, Hawaii 96753 |
TBD | Oahu |
Hybrid (in-person and virtual participation)
In-person
Online via WebEx
Telephone
Watch Live Stream: |
TBD | Hawaii Island - Kona |
In-person Natural Energy Laboratory of Hawaii Authority (NELHA) Hale Iako Building, Collaboration Area 73-970 Makako Bay Drive Kailua-Kona, Hawaii 96740 |
TBD | Hawaii Island - Hilo |
In-person UH Campus Center Room 301 200 W. Kawili Street Hilo, Hawaii 96720 |
Brief Summary of Application
Hawaii Gas is a public utility that provides gas service to approximately 36,000 customers on the islands of Oahu, Hawaii, Kauai, Maui, Molokai, and Lanai. The Company's operations include the purchase, production, transmission, distribution, and sale of natural gas to residential, commercial, and industrial customers.
On July 26, 2024, Hawaii Gas filed an application, ("Application"), requesting Commission approval of a total revenue increase of $24.346 million, or approximately 17.67% increase over revenues at current effective rates. The Company further seeks approval of a fair rate of return of 9.05% on rate base, revisions to its rate schedules and rules, and approval of two tariff riders. Under its proposal, Hawaii Gas would recover upgrade costs to its bare and coated steel replacement programs through its Main Upgrade Program Rider. Incremental annual increases to the Company's insurance premiums would be addressed by the Insurance Premium Recovery Rider.
According to Hawaii Gas, its operating costs have increased since its last rate increase in 2019 due to a number of factors, including but not limited to increases in operations and maintenance and labor expenses, compliance with federal/state regulations, and capital investments in plant and equipment for fuel diversification, system reliability and safety.
By island, Hawaii Gas' proposed revenue changes are as follows:
ISLAND | REVENUE CHANGE | PERCENTAGE |
Oahu | $24,375,527 | 19.42% |
Hawaii | $ (36,067) | -0.42% |
Maui | $ 69,936 | 3.03% |
Kauai | $ (62,723) | -4.89% |
Molokai | $ 3,138 | 5.21% |
Lanai | $ (3,673) | -13.23% |
To view the full Application and all docketed documents, see the "DOCUMENTS" tab for Docket No. 2024-0158.
The Commission will investigate whether Hawaii Gas' proposed rate increases are just and reasonable.
Public Comments and Statements
Comments may be submitted in writing or given orally during the hearing. All written comments will be publicly accessible on the PUC's Case and Document Management System.
MORE INFORMATION: