If you have looked at your electric bill recently, you have probably noticed that it has been increasing. Electricity in Hawaii is relatively expensive, especially compared to the mainland, which has led to the growth of renewable energy. At the same time, renewable energy, such as solar power, is not yet the majority of electrical production in the state of Hawaii. What is the main source of electricity? Where does it come from? How much money can you save if you decide to go with a solar installation in Hawaii instead?
What is the Main Source of Electricity in Hawaii?
Hawaii’s beautiful environment and unique ecosystem motivate all of us to do whatever is needed to protect it. Therefore, it may come as a surprise to hear that the majority of electricity in Hawaii is actually powered by petroleum sources. According to information that has been published by the Institute for Energy Research, 75 percent of all electricity in Hawaii is supplied by petroleum, with another 15 percent coming from coal. The rest comes from renewable sources. This includes biomass, hydroelectricity, wind, solar power, and geothermal sources. Solar company solar panels are becoming more popular on the islands.
What is the Average Electric Bill?
If you are looking at your electric bill, you may be wondering if you are paying too much. So, what is the average bill for electricity in Hawaii? According to one source, the average monthly bill for residential electricity is about $150. Of course, it is hard to calculate this exact number. Some people live in condos or apartments, while people might have added renewable energy sources like solar energy. Commercial properties will have much higher electric bills.
Why is Electricity So Expensive in Hawaii?
Clearly, electricity is incredibly expensive throughout Hawaii when compared to the mainland United States. The biggest reason is that the majority of electricity in Hawaii is actually generated from petroleum sources. The oil that is used to power electrical generators in the islands has to be imported from other locations, such as the mainland. Given Hawaii’s distance from the mainland in the Pacific Ocean, this is obviously an expensive venture. Ultimately, this expense is passed on to the consumers.
Comparing Your Bill: Solar vs. Electric
If you would like to save money on your monthly electric bills while simultaneously protect the Hawaiian environment, you should consider investing in solar energy. A solar company like Maui Solar Project can install solar panels, providing you with access to solar power to heat, cool and light your home or business. If you are solar installation includes solar panels, you can save a significant amount of money. It will take only a little time for you to recoup your installation expenses; eventually, you could reduce your electricity bill to zero, saving a lot of money. There might even be a tax credit that can help you save money on your solar installation costs. If you would like to learn more about how you can save money on electricity with solar panels, reach out to Maui Solar Project, the best solar company in Hawaii. We would be happy to talk to you about solar hot water, solar attic fans, solar carports and electric vehicle charging stations.