AGP Executive Report
Last update: 9 hours agoElectricity Costs: Hawaiian Electric is seeking a two-phase rate increase totaling about $170 million in added annual revenue. Typical monthly bills would rise by 2028 by about $15 on Hawaiʻi Island and $11 on Oʻahu, Molokaʻi and Lānaʻi. Hospitality: Romer House Waikīkī’s pending sale could mean layoffs for all 62 employees by year-end. On Hawaiʻi Island, the new eight-room Hamakua Hotel is making French-inspired, locally sourced tasting menus central to its guest experience. Housing and Construction: Kauaʻi County bought 155 acres in Līhuʻe for a potential 400 to 500 affordable homes. Honolulu’s Bill 7 program has completed 224 units since 2019—well below its annual goal of 500—with high costs, interest rates and permit delays cited as obstacles. Pacific Resources: Impossible Metals says its autonomous underwater robot selectively recovered nodules in the Clarion-Clipperton Zone, while Pacific activists are organizing against upcoming seabed lease sales.
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