A portfolio of energy production and distribution businesses in Hawaii
Hawaii Gas comprises a regulated gas utility and an unregulated liquefied petroleum gas (LPG) distribution business.
The utility business includes the processing, distribution and sale of synthetic natural gas (SNG) and renewable natural gas (RNG) and the distribution and sale of re-gasified liquefied natural gas (LNG) on the island of Oahu and the distribution and sale of LPG via pipeline on all of the main islands.
The unregulated business distributes LPG by truck to individual tanks located on customer sites or distributes LPG in cylinders filled at central locations to customers on all the main islands.
The gas distributed by Hawaii Gas has a wide range of commercial and residential applications and LPG is also used as a fuel for specialty vehicles such as forklifts. Users include residential customers and a wide variety of commercial, hospitality, military, public sector and wholesale customers.
In 2016, MIC Hawaii expanded its presence in the Hawaiian energy complex with the development of the 7 MW Waihonu Solar facilities on Oahu and an acquisition of a design-build mechanical contractor. In 2017, we expanded our investments, adding two distributed generation projects serving commercial users under long-term contracts.
The drivers of growth in this business include economic expansion in the state of Hawaii and shifts among end users to gas from other energy sources and competitors. Hawaii Gas's primary products (SNG, LPG, LNG and RNG) are relatively clean-burning fuels that produce lower levels of carbon emissions than other hydrocarbon fuels such as coal or oil. This is particularly important in Hawaii where heightened public awareness of environmental impact makes lower emission products attractive to customers.