In a recent paper, you had an article on the KE buyout, and I noticed again that the so called Dr. Raymond Chuan and his retired friends from the Mainland, living in Ha’ena, Hanalei, Princeville and Kilauea are putting their
In a recent paper, you had an article on the KE buyout, and I noticed again
that the so called Dr. Raymond Chuan and his retired friends from the Mainland,
living in Ha’ena, Hanalei, Princeville and Kilauea are putting their fingers
into the gears of progress again.
One of the better things that could
happen to this island is to have a co-op that is owned by us and not a company
from the mainland were all the profits go. The co-op will produce more jobs for
Kaua’i people as the accounting functions now will be done here instead of on
the mainland.
Most people did not realize that KE was not insured for
hurricane damage and could not get a loan from FEMA after the storm. That cost
KE over $40 million which their stock holders did not pay — we did with at 22%
increase in our electric bill. The new Co-op will have insurance for hurricane
damage and will be able to get loans from FEMA~ if we are hit again with a
hurricane. Again this is a benefit to the community.
The Co-op is getting
public participation by having public meetings at Kalaheo, Kilauea, Koloa,
Lihu’e, Waimea, and Kapa’a.
It’s been proven were co-ops operate it
benefits the community that it is in.
Every time we have something that
will give this community more jobs and less expenses to live by, the Chuan and
friends come out of the woodwork and try to put a rod in the gears
again.
Bill Bertrand
Lihu’e
