Public Benefits Fee Begins on January 1, 2009
Beginning with this month’s electric bill, you will see a charge called the PBF Surcharge (Public Benefits Fund Surcharge).
The Hawaii Public Utilities Commission (PUC) recently approved this surcharge to collect funds that will be used to pay for future energy-efficiency programs, including customer incentives such as rebates, to reduce electricity consumption in Hawaii .
The programs will be administered by a third party administrator, reporting to the PUC. The PBF Surcharge may be adjusted by the PUC and the amount may be offset to some extent by a decrease in the IRP Cost Recovery Surcharge.
Please click here to see the attached for answers to the questions below.
What is this new line on the bill that says PBF Surcharge?
Why do I have to pay this new charge?
Will it always be this amount or will it change each month?
What does Hawaiian Electric do with this money?
Isn’t this just like another rate increase?
Haven’t we already been paying for the incentives? Why is there now another charge?
Is this surcharge going to be there forever or is it just this year? Does it ever go away?
Why is it based on how much electricity you use? Why not charge a flat amount for everyone?
The PUC just received $6.2M in stimulus funds for the public benefits special fund. Does this mean HECO will reduce or postpone this fee? How will the public keep track of the use of this special fund?
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