HONOLULU — Gov. David Ige today outlined the reasons why the state submitted testimony opposing Hawaiian Electric Industries’ proposed merger with NextEra Energy Inc. as it currently stands.
In the testimony, the state expressed strong reservations about the transaction as proposed and said it should not be approved.
“We are committed to a 100 percent renewable future, standing alone among fifty states in the nation in that action. We need an electric company that sees Hawai’i as the center of its work and the opportunity we represent as one of the greatest moments in history for any utility. We have not seen that in this proposal,” Ige added.
The two filings were made on behalf of the Hawai’i State Energy Office and the Hawai’i State Office of Planning.
This is exactly why Maui County has been looking at other options such as starting our own municipal utility. Kauai County already does this and I know that Hawaii County is considering it as well. It might be
time for the City and County of Honolulu to look into the municipal or co-op utility model too.
Most concerning to us is how NextEra seems to view renewable energy. While most local residents and businesses would like to expand the use of solar, wind and other renewable resources in our grid, NextEra seems more interested in wanting to control and limit their use. This is not a model that is good for the County of Maui or the State of Hawaii. Our utility should be more concerned about community benefits rather than profits and dividends.”