hawaii’s electric future · emerging that may compete with utility-provided services. such...

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HAWAII’S ELECTRIC FUTURE

Robert Harris

September 17, 2015

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“THE BIGGEST THREAT TO

FACE THE U.S. UTILITY

INDUSTRY IN LIVING MEMORY” - Public Utilities Fortnightly

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PEOPLE GOING SOLAR

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COMPETITION

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“Today, a variety of disruptive technologies are

emerging that may compete with utility-provided

services. Such technologies include solar

photovoltaics (PV), battery storage, fuel cells,

geothermal energy systems, wind, micro turbines,

and electric vehicle (EV) enhanced storage. As the

cost curve for these technologies improves, they

could directly threaten the centralized utility

model.”

- Edison Electric Institute: “Disruptive Challenges”

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A NATIONAL BATTLE

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FUTURE OF SOLAR

Minimum Bill Time-of-Use

Rates +

Solar + Storage

=

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FUTURE OF THE UTILITY?

Publicly-Owned

Utility

Utility Becomes a

“Grid Operator”

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SO WHAT ABOUT NEXTERA?

What’s the fuss about?

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VS!

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SOME NUMBERS

$4.2 billion price tag

$600 million to

shareholders

$17.1 milion

to 3 CEOs

$60 million to

ratepayers

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CONCERNS:

Same Business

Model as HECO No Public Plan

History of

Opposing Solar &

Efficiency

1% of NextEra’s

Business

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MAHALO!

Robert Harris

Director of Public Policy

robert.harris@sunrun.com

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