Hawaiian Electric Reports Significant Progress in Renewable Energy and Sustainability Efforts

Hawaiian Electric's 2022-23 Corporate Sustainability Report highlights the company's commitment to reducing its carbon footprint and increasing the use of renewable energy in the state of Hawaii. The report outlines significant progress made in the transition to cleaner energy, including the addition of new renewable generation projects, the retirement of the state's last remaining coal plant, and a substantial increase in rooftop solar installations.

Key Takeaways:

  • 37% of single-family homes across the five islands served by Hawaiian Electric had rooftop solar by the end of 2022.
  • Oahu's first grid-scale solar and storage project was online, and the state's last remaining coal plant was retired.
  • The company's Climate Change Action Plan aims to reduce carbon emissions from power generation by as much as 70% by 2030.
  • Over 4,400 new private solar systems were installed companywide in 2022, with 91% of new rooftop solar installations including battery storage.
  • 50% of customers on Oahu, Hawaii Island, and Maui have upgraded to advanced meters, allowing them to better monitor energy use and manage bills.
  • Hawaiian Electric has completed 91% of new rooftop solar installations with battery storage on their existing solar systems.

Statistics:

  • 37% of single-family homes across the five islands served by Hawaiian Electric had rooftop solar by the end of 2022.
  • 91% of new rooftop solar installations included battery storage in 2022.
  • 4,400 new private solar systems were installed companywide in 2022.
  • 50% of customers on Oahu, Hawaii Island, and Maui have upgraded to advanced meters.
  • Hawaiian Electric volunteers logged 6,588 hours in service to communities in 2022.

Sources:

  • Hawaiian Electric Company, Inc.
  • [Category: Energy Equipment & Services, Coal & Consumable Fuels, Renewable Electricity, ESG]
  • Publication date: April 4