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Maui Solar Farm Approved by Regulators

Two new solar projects are in the works for Maui.
March 04, 2016

Maui Solar Farm Approved by Regulators

South Maui Real Estate

The latest energy news for Maui involves two solar projects that would provide 5.7 megawatts combined to the Maui Electric grid at 11.06 cents per kilowatt-hour. Maui Electric has stated that it doesn't mark up or profit from purchased power, so any savings will be passed directly to Maui residents.

Energy prices are sometimes taken into consideration for those who are thinking about buying real estate on Maui. For Maui home buyers and owners, affordable utility prices are welcome, and Maui already gets 30 percent of its electricity from renewable sources.

The first project is being planned by Lahaina-based Kuia Solar LLC, and will provide 2.87 megawatts to the grid from a location in Lahaina near Lahainaluna School. Regulators have approved a conditional power purchase agreement between Kuia Solar and Maui Electric, which would require the filing of status reports and Kuia's income statements for the project.

The second project is being planned by South Maui Renewable Resources, which is based in Kaanapali, and involves a 2.87-megawatt project in Kihei, near the Maui Research and Technology Park. As for this project, no word on approval just yet.

These efforts are part of Hawaii's continuous march toward 100 percent renewable energy, which is an especially important goal considering our isolation. Reliance on non-renewable sources is expensive when you're situated in the middle of the largest ocean in the world. Hopefully Maui will continue to work its way toward affordable energy for the benefit of its residents and its precious natural environment.

Blogs for March 2016

Luxury Maui Real Estate at Makena Place

Posted on March 25, 2016
Luxury Maui Real Estate at Makena Place

Some of Maui's most luxurious real estate treasures can be found at Makena Place, the remote part of South Maui where privacy and natural beauty set the tone for a peaceful island lifestyle. Tranquil azure water spans as far as the eye can see,… Continue Reading

Hawaii Unemployment Rates Fall in January

Posted on March 18, 2016
Hawaii Unemployment Rates Fall in January

Some encouraging news has recently come down the pipeline from the Hawaii state Department of Labor and Industrial Relations. Hawaii's seasonally adjusted unemployment rate dropped to 3.2 percent in January. It was at 4 percent the same month last year. It's a substantial… Continue Reading

Maui Island Water Use and Development Plan

Posted on March 11, 2016
Maui Island Water Use and Development Plan

Resources must be handled with care when you live on an island. Maui's isolation is one of its celebrated qualities, but between that and its limited size, using water responsibly is vital for the environment, guests and residents alike. That's why we're… Continue Reading

Maui Solar Farm Approved by Regulators

Posted on March 04, 2016
Maui Solar Farm Approved by Regulators

The latest energy news for Maui involves two solar projects that would provide 5.7 megawatts combined to the Maui Electric grid at 11.06 cents per kilowatt-hour. Maui Electric has stated that it doesn't mark up or profit from purchased power, so any savings will be… Continue Reading

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Mark and Lisa

Mark A Harbison
R(B) (GRI) (CIPS) (TRC)

Mark@RealEstateMauiHawaii.com

(808) 283-3785

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