Hawaiian Electric Co. hopes to move forward on a 15-megawatt solar farm on undeveloped land at the Kahe Generating Station on Oahu if it can get a waiver from state regulators from the competitive bidding process.
Projects larger than 5 mw are required to be competitively bid.
The price of the solar energy — 14.5 cents per kilowatt-hour — falls significantly below electricity rates. The current cost of using oil to produce power is currently estimated at 22.7 cents per kilowatt hour, according to HECO.
The electric utility owns the land, which helps