You knew us as The Gas Company, and we're the same company today. There has been no change in ownership or management. Our new name better reflects who we are: a Hawai'i company that's building Hawaii's energy future.
Gas is the most efficient source of heat energy. And it's getting even greener - we are committed to making 50% of our gas from renewable and sustainable sources by 2015.
It's appropriate that Hawai'i is part of our new name. After all, we were founded in Hawai'i and have been serving the Islands for more than 100 years.
The same friendly, knowledgeable and helpful service that you've come to expect from us will continue under our new name.
Since 1904 HAWAI'I GAS has been the only franchised gas utility in the State of Hawai'i. Since this time, we have installed gas pipeline infrastructure, built bulk storage facilities with access to the harbor and developed a highly skilled workforce on every major island to serve the people of Hawai'i. Gas is now a critical part of our fuel mix in Hawai'i providing a cleaner and lower cost alternative for residential, commercial and industrial customers.
Gas is a critical source of energy for nearly every major market segment in Hawai'i including residential customers, military facilities, hotels and restaurants, state and county government, agriculture and more. The gas stays on when the electricity goes out providing an important source of backup energy.
On O'ahu SNG (synthetic natural gas) is distributed through approximately 1,000 miles of pipeline to nearly 28,000 residential, commercial and industrial customers. Another 40,000 customers who are located away from the SNG pipeline distribution system on O'ahu and on Neighbor Islands are supplied with propane.
Gas is more efficient, less expensive and cleaner than coal and oil-fired electricity. Gas delivers three times more energy to the end user as compared to electricity to perform the same task making it the hands-down winner in energy efficiency. This means we can reduce the amount of oil imported to Hawai'i when we replace coal and oil-fired electricity with gas by a factor of three. Gas is also 10% to 20% less expensive than electricity on O'ahu and up to 90% less expensive than electricity on the Neighbor Islands. It also emits 30% less carbon dioxide than coal and oil-fired electricity.