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Application of Hawaii Elec. Light Co., Inc.,60 Haw.625 (1979) <br /> 594 P.2d 612 <br /> 600 kwh=5.90 per kwh <br /> 1000 kwh=5.50 per kwh <br /> 12 A load factor is defined as the ratio of average load in kilowatt hours during a designated period of peak-load in kilowatts <br /> during that period. A higher load factor indicates a higher utilization of capacity. <br /> 13 The electric water heater block was instituted in 1970 in Docket No. 1826 to encourage the use of electricity to improve <br /> the company's load factor. <br /> 14 The Commission, on its own motion, has instituted Docket 2793, Order No. 4124 "to investigate various electric and <br /> gas rate structures and (to determine) what changes, if any, should be made in presently constituted electric and gas <br /> rate structures. <br /> 15 There is no authority that utility rates must be based solely on cost factors. International Minerals and Chemical <br /> Corp. v. Mayo, 336 So.2d 548 (Fla.1976); Apartment House Council v. Public Service Commission, 332 A.2d 53 <br /> (D.C.App.1975);FMCentral Maine Power Co.v.Public Utilities Commission,382 A.2d 302(Me.1978). <br /> End of Document ©2024 Thomson Reuters.No claim to original U.S.Government Works. <br /> WESTLAVii ©2024 Thomson Reuters. No claim to original U.S. Government Works. 15 <br />