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HECO/NextEra Energy Merger Could Be Catastrophic for Hawaii's Cost of Living

Forbes

By William Pentland

January 30, 2015

NextEra Energy, the holding company based in Juno Beach, FL, wants to buy all three of Hawaii’s electric utilities.

One aspect of the acquisition that has not attracted much attention is the limited applicability of federal energy regulation to utilities in Hawaii.

Except in a few minor instances, utilities in Hawaii are not regulated by the Federal Energy Regulatory Commission (FERC). By contrast, Florida Power & Light (FPL), a subsidiary of NextEra Energy, is regulated by the FERC.

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