MECO proposes to buy renewable energy from large solar projects
KAHULUI – Maui Electric Company is proposing to buy electricity from two large solar projects, the first of their kind on Maui.
The contracts were filed last week with the Hawaii Public Utilities Commission for review and approval.
If the contracts are approved by the commission, South Maui Renewable Resources, a Maui-based developer, would build a 2.87-megawatt photovoltaic (PV) project near the Maui Research & Technology Park in Kihei, and Ku’ia Solar would build a 2.87-megawatt PV project in Lahaina near Lahainaluna High School.
These projects are expected to offer up to 5.7 megawatts of solar power to Maui Electric’s grid at the low price of 11.06 cents per kilowatt hour.
Maui Electric does not mark up or take a profit from purchased power, passing the savings directly to Maui customers, the company reported.
“Maui County is already a leader in solar energy, and we continue to integrate more residential rooftop PV to our electrical grid. There are over 8,000 rooftop PV systems in the county, with close to 2,000 of those systems installed last year alone,” said Sharon Suzuki, Maui Electric president.
“These two new projects have technical controls to ensure reliable interconnection, bring the benefits to all our customers and still leave room for more rooftop solar on Maui’s grid. More than 30 percent of the electricity used in Maui County now comes from renewable sources, and these projects take us even further.”
“We are pleased to be working with Maui Electric on these projects,” said Tricia Rohlfing of South Maui Renewable Resources.
“Being Maui residents and Maui Electric customers, we have a vested interest in being part of the solution for our island. These projects not only support the state’s renewable energy goals, but do so at rates that should benefit all customers.”