What is the electric rate that will be used to charge us for electricity?
Residents will be charged the same rate that Forest City is charged by the Navy. For Oahu residents, the FY2010 rate through September 30, 2010 is $0.20388/kWh; the rate will drop to $0.19566 on October 1, 2010 for FY2011. The rate for Kauai residents for FY2010 through September 30, 2010 is $0.40792/kWh; the rate will increase to $0.42053/kWh on October 1, 2011 for FY2011. The Navy (NAVFAC) purchases its power from the Hawaiian Electric Company in bulk and pays a much lower rate for electricity than consumers living downtown. The rate will be identified in your bill.
