Wednesday, August 10, 2022
Hawai'i Free Press

Current Articles | Archives

Sunday, March 31, 2019
Trump Tax Cut Lowers Electric Bills--HECO Gave Back the Least
By Selected News Articles @ 4:18 PM :: 4476 Views :: Energy, Hawaii Statistics, Cost of Living

TRUMP’S TAX LAW LED TO LOWER ELECTRICITY RATES. BUT HOW MUCH HAVE CONSUMERS REALLY SAVED?

From PublicIntegrity.org, March 7, 2019 (excerpts)

…Utility bills have dropped, but by a negligible amount, ranging from less than a dollar a month for the average residential customer in Hawaii to about $14 for the same group in Florida, according to a sample of individual company announcements reviewed by the Center for Public Integrity….

Electricity savings for customers have varied widely from company to company. For most customers, the initial savings on energy bills last year were about 3 or 4 percent on average, according to Americans for Tax Reform, a conservative anti-tax group run by Grover Norquist which boasts of the lower rates it says resulted from the tax law.

One of the smallest decreases was in Hawaii, where the average retail energy price is the highest in the United States. Savings from the tax law allowed Hawaiian Electric Company to cancel a planned rate increase and to minimally decrease rates. An Oahu customer’s average monthly bill dropped 76 cents, less than a 1 percent reduction.

Customers for Hawaiian Electric’s sister company, Hawaiian Electric Light, saw a $4.97 average drop in their monthly bill.

Duke Energy customers near Orlando, Florida, who were affected by Hurricane Irma, avoided a rate hike. They can thank the tax law for doing away with an average monthly increase of $5.20 on their bills over three years to pay for repairing hurricane damage to the network.

In Louisiana — a state with the highest per capita energy use and among the highest poverty rates in the nation — the 1.08 million customers that receive their electricity from Entergy Corp., which serves much of southern and northeastern Louisiana, received roughly $4.20 a month in savings on average in 2018….

read … Lower Electric rates

Links

TEXT "follow HawaiiFreePress" to 40404

Register to Vote

2aHawaii

808 Silent Majority

ACA Signups Hawaii

Alliance Defending Freedom

Aloha Pregnancy Care Center

American Council of Trustees and Alumni

AntiPlanner

Antonio Gramsci Reading List

A Place for Women in Waipio

Astronomy Hawaii

Back da Blue Hawaii

Ballotpedia Hawaii

Better Hawaii

Broken Trust

Build More Hawaiian Homes Working Group

ChinaTownWatch.com

Christian Homeschoolers of Hawaii

Cliff Slater's Second Opinion

DVids Hawaii

FIRE

Fix Oahu!

Frontline: The Fixers

Genetic Literacy Project

Grassroot Institute

Habele.org

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii Coalition Against Legalized Gambling

Hawaii ConCon Info

Hawaii Credit Union Watch

Hawaii Crop Improvement Association

Hawaii Debt Clock

Hawaii Defense Foundation

Hawaii Family Advocates

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federalist Society

Hawaii Federation of Republican Women

Hawaii Future Project

Hawaii Gathering of Eagles

Hawaii History Blog

Hawaii Homeschool Association

Hawaii Jihadi Trial

Hawaii Legal News

Hawaii Legal Short-Term Rental Alliance

Hawaii Life Alliance

Hawaii March for Life

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Shippers Council

Hawaii Smokers Alliance

Hawaii State Data Lab

Hawaii Together

HIEC.Coop

HiFiCo

Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Navy League

Honolulu Traffic

House Minority Blog

Imua TMT

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

Investigative Project on Terrorism

July 4 in Hawaii

Kakaako Cares

Keep Hawaii's Heroes

Land and Power in Hawaii

Legislative Committee Analysis Tool

Lessons in Firearm Education

Lingle Years

Malulani Foundation

Managed Care Matters -- Hawaii

Malama Pregnancy Center of Maui

Mauna Kea Recreational Users Group

MentalIllnessPolicy.org

Military Home Educators' Network Oahu

Missile Defense Advocacy

MIS Veterans Hawaii

NAMI Hawaii

Natatorium.org

National Christian Foundation Hawaii

National Parents Org Hawaii

NFIB Hawaii News

No GMO Means No Aloha

Not Dead Yet, Hawaii

NRA-ILA Hawaii

Oahu Alternative Transport

Obookiah

OHA Lies

Opt Out Today

OurFutureHawaii.com

Patients Rights Council Hawaii

PEACE Hawaii

People vs Machine

Pritchett Cartoons

Pro-GMO Hawaii

P.U.E.O.

RailRipoff.com

Rental by Owner Awareness Assn

ReRoute the Rail

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

Robotics Organizing Committee

Save Dillingham Airfield

School Choice in Hawaii

SenatorFong.com

Sink the Jones Act

Statehood for Guam

Talking Tax

Tax Foundation of Hawaii

The Real Hanabusa

Time Out Honolulu

Trustee Akina KWO Columns

UCC Truths

US Tax Foundation Hawaii Info

VAREP Honolulu

Waagey.org

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii

Yes2TMT