A few weeks ago, we wrote a blog about an undersea cable grid connection between Maui and Oahu, and the potential for ratepayers to save millions in the years to come. Now Hawaii regulators will be holding a public meeting about the cable this month on Maui. That means that Maui home owners and residents can attend and have their thoughts heard on the Maui to Oahu power grid connection.
The Hawaii Public Utilities Commission (PUC) wants input from stakeholders about whether the connection between these grids is in the public interest, so if you have thoughts on the matter, whether in favor or against the idea, you should definitely attend to give your input.
The PUC is particularly interested in related policy issues, as well as the undersea cable cost, where it will be placed, and how it will be constructed. Mark Glick, an administrator for the state Energy Office said that ratepayers could save about $423 million over a 30-year period if this cable becomes a reality. He also pointed out that a Maui/Big Island connection would allow the state to utilize the geothermal energy being generated on the latter island.
One of the primary challenges associated with renewable energy is that it can be inconsistent. For example, less solar energy can be harvested on cloudy days, and less wind energy can be collected when there's little to no wind. There are those who are concerned that unfavorable weather conditions will leave us with a power shortage. Connecting the islands' power grids will allow favorable conditions on one island to balance out the unfavorable conditions on the other. Those of us who have lived in Hawaii know that weather conditions vary tremendously, not just between islands, but between areas within each island. Lower energy costs may help ease the concerns of those who are on the fence about moving to Maui, or buying Maui real estate.
If you'd like to attend the meeting and share your thoughts about this development, it will be held at the Pomaikai Elementary School Cafeteria in Kahului at 6pm on January 23rd.
The meeting, which is being held at the Pomaikai Elementary School Cafeteria in Kahului, is scheduled to start at 6 p.m. on Jan. 23. You can also visit puc.hawaii.gov for more information. Mahalo for reading this week!
RealEstateMauiHawaii.com - By Mark Harbison
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