HONOLULU (Island News) – The Hawaii Public Utilities Commission has approved a 25.75% rate increase for Young Brothers LLC, effective January 1, 2026, due to the company’s financial instability and the need to maintain essential shipping services.
The increase is expected to bring in an additional $26.1 million annually, raising Young Brothers’ total intrastate revenue to $127.4 million. However, the commission denied the company’s request for a Water Carrier Inflationary Cost Index, a mechanism for automatic rate adjustments…