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HomeMy WebLinkAboutCOM 0691.001 2020-2022 lv of County of Hawaii :'gyp• '•'.�,''', Phone: (808)961-8564 Council District 9- - •" ���,'�' (808)887-2069 North and South Kohala ;*i Email: tim.richardsnlZutivaiicvunry.,.T,ov Chair: Committee on Regenerative ..........- Agriculture,Water, Energy, & oF,►+�' Environmental Management HERBERT M. "TIM" RICHARDS, III HAWAII COUNTY COUNCIL —DISTRICT 9 _... 25 Aupuni Street, Ste. 1402, Hilo, Hawai`i 96720 '—G. r-- CD r DATE: March 18, 2022 TO: Maile David, Council Chair and Members of the Hawai`i County Council FROM: Herbert M. "Tim"Richards, III, Council Member Council District 9 -North and South Kohala SUBJECT: Request for Presentation by Hawai`i Electric Light Company on its notice of increased rates Aloha! We have been presented with a short slide deck presentation from HELCO, which is herein attached, for the March 22, 2022 Committee on Regenerative Agriculture, Water, Energy, and Environmental Management meeting. Please process accordingly. Should you have any questions or concerns,please do not hesitate to contact Dot Botelho-Kaili directly at 808-987-6563. Mahalo nui! Comm. No. •Ci ( . Ref. To: 'P. /kw6 C. Ref. Date ao,! Hawai'i County is an Equal Opportunity Provider and Employer �. Hawaiian Electric Hawaii Island Update Hawaii County Council Regenerative Agriculture, Water, Energy and Environmental Management Committee March 22, 2022 Oil prices impacting cost of goods, services 20% i LEARN MORE AT HAWAIIANELECTRIC.COM z C 60.0% C!�:s 00 RENEWABLE MIX 4 18.6%CustomerSitedSolar Om V O 14.8%Wind j 4.5% Biofuel O Q 4.1% Hydro 17.6%Geothermal Q.4% Grid-Scale Solar Q�J �o� RENEWABLEPEAK Q f■ O July 1,2021 BIOMASS Q OIL T� l®BATTERY ENERGY STORAGE SYSTEM � � 3 March 2022 Hawi Renewable Development _ 10.5 MW 60.0% �� o Renewable Energy RENEWABLE MIX OHM 10 18.6%Customer-Sited Solar ; Q Wailuku River Hydro 0 14.8%Wind 12.1 MW 4.5% Biofuel 0��♦ © 4.1% Hydro Puna Geothermal Venture & 17.6%Geothermal sa MW 0.4% Grid-Scale Solar 8 J ��, RENEWABLE PEAK J■ 0 July 1,2021 BIOMASS 0 OIL Tawhiri(Pakini Nui)`".—j 20.5 MW T� BATTERY ENERGY STORAGE SYSTEM ^�Existing avoided cost contracts 4 Hawai ' i Island generation Renewable energy G� Existing avoided cost contract HAWAIIAN PURCHASED ELECTRIC POWER Hill Plant (56.5 Mw) Hamakua Energy (60 MW) Keahole Plant (77.6 Mw) Hawi Renewable Development Puna Plant (36.7 Mw) Puna Geothermal Venture Pu`ue`o Hydro (3.4 MW) Tawhiri Power (Pakini Nui) Waiau Hydro (1.1 Mw) Wailuku River Hydro Waimea Plant (7.5 Mw) Hale Kuawehi Solar (30 Mw) HO Honua (21.5 Mw) Waikoloa Solar (30 Mw) 5 Fuel + purchased power = 53% of rate • This will reduce as more lower cost • • - renewables come online Hawaii Island rate components (Q4 2021) 6 Fuel prices impact rates TYPICAL RESIDENTIAL BILL AVERAGE RATE (KWH) $0.44 $0.43 $0.43 $0.42 $0.42 $0.41 $0.40 $0.39 $0.38 $0.38 $0.37 $0.37 $0.36 $0.35 $0.34 $0.33 $0.34 $0.32 $0.33 $0.31 $0.31 $0.30 T� $0.29 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Mar-22 7 Renewable contracts status EXISTING CONTRACTS Tawhiri Power Expires 2027 Wailuku River Hydro Expires 2023 FILED WITH PUC Hawi Renewable Development (2021) Expired 2021, month-to-month Hu Honua (2017) Decision pending PUC APPROVED Hale Kuawehi Solar In progress Waikoloa Solar In progress Puna Geothermal Venture Approved March 16, 2022 FUTURE PROJECTS Hawaii Stage 3 RFP Draft filed October 2021 Shared Solar (formerly CBRE) Launched March 2022 Tr conditioned on completion and approval of environmental review 8 We' re here to help KEEPING , HAWAIIENERGY CONNECTED Energy efficiency Household tips and - Interest-free payment and conservation resources arrangement plan tips Energy conservation - Interest-free payment Community publications extension plan workshops Rebates Energy conservation - Payment assistance kits for businesses resources Marketplace - (808) 969-6999 HAWAIIENERGY.COM Energy consumption calculators # HAWAIIANELECTRIC.COM We're here to help . (808) 969-6999 HAWAIIAN ELECTRIC.COM