Hawaii’s Electric Future · emerging that may compete with utility-provided services. Such...
Transcript of Hawaii’s Electric Future · emerging that may compete with utility-provided services. Such...
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HAWAII’S ELECTRIC FUTURE
Robert Harris
September 17, 2015
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“THE BIGGEST THREAT TO
FACE THE U.S. UTILITY
INDUSTRY IN LIVING MEMORY” - Public Utilities Fortnightly
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PEOPLE GOING SOLAR
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COMPETITION
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“Today, a variety of disruptive technologies are
emerging that may compete with utility-provided
services. Such technologies include solar
photovoltaics (PV), battery storage, fuel cells,
geothermal energy systems, wind, micro turbines,
and electric vehicle (EV) enhanced storage. As the
cost curve for these technologies improves, they
could directly threaten the centralized utility
model.”
- Edison Electric Institute: “Disruptive Challenges”
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A NATIONAL BATTLE
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FUTURE OF SOLAR
Minimum Bill Time-of-Use
Rates +
Solar + Storage
=
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FUTURE OF THE UTILITY?
Publicly-Owned
Utility
Utility Becomes a
“Grid Operator”
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SO WHAT ABOUT NEXTERA?
What’s the fuss about?
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VS!
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SOME NUMBERS
$4.2 billion price tag
$600 million to
shareholders
$17.1 milion
to 3 CEOs
$60 million to
ratepayers
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CONCERNS:
Same Business
Model as HECO No Public Plan
History of
Opposing Solar &
Efficiency
1% of NextEra’s
Business
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