Won’t Hawaiian Electric Company be losing business if SWAC succeeds?
For Hawaiian Electric Company, the possible loss of business will be balanced by helping create generating stability due to reduced loads in the heavy downtown and Waikiki areas and by offsetting the growing demand for electricity. The longer we offset the growing demand for electricity with demand side management, efficiency and renewables, the longer we can delay adding new generation capacity, and especially fossil fuel capacity. This saves money for everyone and provides more time to find and perfect alternatives to fossil fuel.
