This is probably the last chance in this generation to have a say in how our electric utility is run.
The PUC is going to travel around the state in September holding “community listening sessions.” They want to know what we think about the HEI/NextEra merger application.
Here on the Big Island, we want to ask the PUC to consider a co-op model, similar to the Kauai Island Energy Cooperative.
The reason I say it’s probably our only opportunity is because you have to have a willing seller to put such a plan into place, and in the absense of something earth-shattering, this probably won’t come up again in our lifetime. It’s speak up now, or miss our chance.
It’s definitely in our best interest to show up at these PUC meetings and ask them to consider our co-op model: the Hawaii Island Energy Cooperative. Otherwise we miss our chance to make a change for the better.
If you are not clear on what a co-op model would look like, it’s really very simple: We’re only suggesting a change in the business model of how the electric utility operates, and that means three essential differences from how things operate now.
Some people will say we don’t have enough qualified people. Well, let’s say we didn’t change any of the employees running Hawaiian Electric, but only changed the business model. There goes that argument. There is no argument.
Essentially, there would just be three differences.
1) The co-op would be an investor-owned, non-profit utility that does not pay taxes, and the money we save would go straight back to the people.
2) The co-op would be a non-profit model that existed to do what the people want. People would elect the board of directors, and if people were not happy with the board of directors, they could fire them by not electing them again.
3) People always wonder if the co-op would have enough money. The National Rural Electric Cooperative Association, or NRECA, which is made up of 900 co-ops in the United States, owns its own finance company; its own bank. Its whole objective is to manage co-ops. That’s why they are called co-ops—they cooperate with each other. They have plenty of money.
It’s not any more complicated than that. The big question here is which business model will work best for the people in terms of managing our utility. This is not rocket science.
It’s important that we show up and speak up when the PUC asks us to. Attend the meetings next month — I’ll post when and where they are — and ask the PUC to consider the co-op. Ask them to consider what’s really best for the people of the Big Island.
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