Picking Hawaiian Electric up before or out of bankruptcy and converting it to a public good will insure the state with reliable, citizen-centered electricity for years to come while guaranteeing minimal disruption for employees.
This only makes sense. While the management of a private company is always looking for ways to cut costs to satisfy shareholder demands for higher dividends, the management of publicly owned companies spend their time every day looking for ways to better serve their customers.
Forty legislators and county council members met at the state Capitol to request the legislature consider taking over Hawaiian Electric and turning it public. They were led by former Energy Committee Chair Chris Lee. Maui Mayor Alan Arakawa was serious, too: he awarded $70,000 to the consulting firm Guernsey for a study of the viability of transitioning that city’s power to a municipally owned utility.Now it’s back.
Disaster workers are still searching for bodies in Lahaina, but, with over 100 dead and counting, the fire already represents the worst American wildfire death toll in over a century.
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