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Background on HELCO Fuels

  • HELCO uses two types of fuel

    • Residual Fuel Oil (RFO)

    • Diesel

  • Purchased from Chevron and Tesoro refinery and barged to Hilo.

  • Fuel contracts reviewed by CA and approved by PUC. Prices are indexed to market indices.

  • Target 30-day on-island inventory

5

Hawaii Electric Light Company, Inc.

Energy Information Administration

  • U.

    S. Dept. of Energy

    • Established by Congress as the single

Federal Government authority for energy information

  • Products prepared by EIA is independent of Administration policy considerations.

  • Analysis and forecasts widely used by Federal and State agencies, industry , media, consumers and educators

  • Two general projection periods

    • Short term: next 6-8 quarters

    • Long-term: 20 year forecasts

6

Hawaii Electric Light Company, Inc.

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