Target: Hawaiian Electric Inc. President Connie Lau and NextEra Energy Inc. Chairman James L. Robo
Goal: Support electric company’s ambitious renewable energy goals
NextEra Energy Inc. has announced its plan to buy Hawaiian Electric Industry Inc. in an effort to expand clean energy in Hawaii. Hawaiian Electric supplies roughly 95 percent of the state’s population with electricity, so NextEra’s ambitious energy goals present no small feat. Support this impressive commitment to sustainable energy for the state of Hawaii.
The deal is being called a merger rather than a purchase, since Hawaiian Electric will be incorporated and not absorbed into NextEra, keeping the utility company intact without consolidating its workforce for at least two years. Hawaiian Electric President Connie Lau says the two companies plan to increase renewable by 65 percent, triple solar energy initiatives and lower customer bills as much as 20 percent by 2030, but believes these goals may be within reach even sooner, thanks to additional backing from Next Era.
Hawaii has seen massive increases in energy costs, with a huge portion of its energy reliant on imported oil, which is both costly and environmentally impactful. The two companies hope to harness natural energy resources the state boasts in surplus by drastically increasing rooftop solar and modernizing the state’s energy grid. A main benefit will be felt by Hawaiians in the lowered costs of sustainable energy.
Of course, both companies will also benefit greatly from instituting these sustainable initiatives, proving to utility companies across the nation that there is money to be made in renewables. Companies hoping to survive in a society that is becoming increasingly aware of the need to reduce its footprint had best take heed. Sustainable energy is on the way up and oil dependence is not an option for longevity.
Hawaiian Electric shareholders and state regulators must first approve the deal, but neither company expects any hitches. Sign this petition and remind energy companies that consumers expect cost-effective and renewable energy solutions.
Dear Ms. Lau and Mr. Robo,
NextEra Energy Inc. and Hawaiian Elcetric Inc. are paving the way for the future of utility companies by proving that ambitious goals for sustainable energy are profitable and consumers expect cost-effective, sustainably efficient energy alternatives. Plans to increase renewables by 65 percent, triple solar and lower customer rates, all while turning a profit removes leeway for power companies to make claims about lost revenue due to advanced renewable initiatives.
Hawaii has long suffered an unsustainable oil dependency, despite an abundance of natural, renewable resources. This merger stands to show energy companies across the nation that sustainability is profitable and dirty energy is a thing of the past.
I support your commitment to providing clean and affordable energy.
[Your Name Here]
Photo credit: Bernd Sieker via Flickr