Hawaii Regulator Approves $86 Million for First Phase of HECO’s Grid Modernization Plan
The Hawaii Public Utilities Commission on March 25 authorized the initial, four-year phase of the Hawaiian Electric Companies’ grid modernization strategy set to begin later this year. The companies will invest $86.3 million in advanced meters, a meter data management system, and a telecommunications network. The companies said that the first phase marks a “foundational…