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Hawaii electricity prices, October 2023

Average price, sales and bills for the month against the same month a year earlier and the US. Final

In October 2023, residential customers in Hawaii paid an average of 42.68¢ per kilowatthour, down 4.6% on the same month a year earlier (44.72¢). The US average for the month was 16.48¢; Hawaii was 159% above that. It ranked 1st highest among the 50 states and the District of Columbia.

Residential sales were 239,293 MWh, down 3.7% on a year earlier, and the average residential bill for the month was $229.08 on 537 kWh. Weather moves monthly sales far more than prices do, so bills swing with the season.

EIA marks this month as final. Final monthly figures are benchmarked to the annual Form EIA-861 census of utilities.

42.68¢residential, per kWh-4.6% on Oct 2022
$229.08average residential bill for the monthon 537 kWh
239.3 GWhresidential sales-3.7% on a year earlier
1sthighest residential price of 51US 16.48¢

Average price is revenue divided by sales for the sector and year; it is not a tariff rate. Reliability figures are as reported by utilities to EIA on Form 861 and may use different calculation methods. Monthly figures come from the Form EIA-861M sample and are revised when EIA finalises the year.

Price by sector

SectorOct 2023Oct 2022ChangeUS, Oct 2023
Residential42.68¢44.72¢-4.6%16.48¢
Commercial38.99¢42.33¢-7.9%12.73¢
Industrial35.13¢39.51¢-11.1%8.01¢
All sectors38.60¢41.99¢-8.1%12.67¢

Sales and customers

MeasureOct 2023Oct 2022Change
Residential sales239.3 GWh248.6 GWh-3.7%
Sales, all sectors797.4 GWh816.2 GWh-2.3%
Residential customers445,874445,088+0.2%
Average residential bill$229.08$249.76-8.3%
Average residential use, kWh537558-3.8%
US residential price16.48¢15.99¢+3.1%

The two years to October 2023

0¢10¢20¢30¢40¢50¢Oct 2021Feb 2022Jun 2022Oct 2022Feb 2023Jun 2023Oct 2023

Hawaii residentialUS residential

Cents per kWh, Form EIA-861M.
← September 2023November 2023 →

Questions and answers

What was the average electricity price in Hawaii in October 2023?

42.68¢ per kilowatthour for residential customers, 38.99¢ for commercial and 35.13¢ for industrial customers. EIA marks the month as final.

How does that compare with a year earlier?

The residential average was 44.72¢ in October 2022, a change of -4.6%. Residential sales changed by -3.7% over the same period.

What was the average residential bill that month?

$229.08, on average use of 537 kWh. This is residential revenue divided by residential customers for the month.

Provenance

Source: U.S. Energy Information Administration, Form EIA-861M sales and revenue workbook (state by sector and month), status "Final" for this month, series published through July 2026. Public domain. Price = revenue ÷ sales; bill = residential revenue ÷ residential customers. Utility-level annual figures are on the Hawaii page.