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FIT an excellent program; utilities have messed it up

December 23, 2013
The Maui News

Hawaii's Feed-In Tariff Program was introduced in November 2010 to give Hawaiian Electric Co. access to long-term, low-cost renewable energy with minimal investment cost. Twenty-year, fixed-price FIT contracts guarantee that HECO can purchase clean energy at less than half, on average, of its current selling price.



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