Power Bill Facts

States › Hawaii › Hawaiian Electric Co Inc

investor-owned utility · EIA utility 19547

Hawaiian Electric Co Inc

276,206 residential customers in Hawaii · 1 county in territory · balancing authority HECO

Form EIA-861, 2024 final2025 early release shown in trendMonthly to Jul 2026
USHI42.87¢ per kWh7.43¢35.66¢
Average residential price, 2024. Dial position: 100% of 1,230 US utilities had this price or lower. Ticks: Hawaii and US averages.

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. Annual figures: Form EIA-861 for 2024, final release. Monthly state figures run to July 2026.

In its Form EIA-861 filing for 2024, Hawaiian Electric Co Inc, an investor-owned utility, reported 276,206 residential customers in Hawaii, with a service territory that touches 1 county.

Its average residential price that year was 42.87¢ per kilowatthour, about the same as the Hawaii average of 42.86¢ and 160% above the US average of 16.48¢. The figure is residential revenue divided by residential sales, so it folds in fixed charges, riders and every rate schedule the utility bills under.

That works out to an average residential bill of $194.71 a month on average use of 454 kWh a month. Across Hawaii the average bill was $212.12 on 495 kWh, so a bill gap reflects how much power households use as well as what each kilowatthour costs.

For reliability it reported a SAIDI of 234.3 minutes per customer with major event days included and 171.6 minutes with them excluded, calculated under another method. The median among Hawaii utilities reporting was 385.0 minutes with major event days; this utility's figure is 39% below that median.

The average price is up 38.1% on 2019, against up 33.7% for Hawaii as a whole, and little changed on 2023. EIA's early release for 2025, which has not been fully edited, shows 40.54¢.

42.87¢average residential price per kWhHawaii 42.86¢ · US 16.48¢
$194.71average monthly residential billon 454 kWh a month
276,206residential customers309,839 customers in all sectors
234.3SAIDI minutes per customer, all eventsHawaii median 385.0

Compared with Hawaii, the US and other investor-owned utilities

Measure, 2024This utilityInvestor-owned utilities, US medianHawaiiUnited States
Average residential price per kWh42.87¢16.17¢42.86¢16.48¢
Average monthly residential bill$194.71$131.47$212.12$142.26
Average monthly use, kWh454787495863
Residential price change, 1 year-0.8%—+1.1%+3.0%
Residential price change, 5 years+38.1%—+33.7%+26.7%
SAIDI, all events (minutes)234.3278.7385.0 median184.5 median
SAIDI, without major event days171.6106.5253.3 median99.8 median

State and US prices, bills and use are EIA's own averages over every customer. The ownership column and the reliability columns are medians across utilities with at least 1,000 residential customers, computed on this site from the final 2024 file. Among the 3 filings by investor-owned utilities in Hawaii, the median price was 43.96¢. In Hawaii this utility's price ranks 3 of 4, counting from the highest.

Average price by year

0¢10¢20¢30¢40¢50¢20132015201720192021202320252013 US average: 12.13¢2014 US average: 12.52¢2015 US average: 12.65¢2016 US average: 12.55¢2017 US average: 12.89¢2018 US average: 12.87¢2019 US average: 13.01¢2020 US average: 13.15¢2021 US average: 13.66¢2022 US average: 15.04¢2023 US average: 16¢2024 US average: 16.48¢2025 US average: 17.3¢2013 Hawaii average: 36.98¢2014 Hawaii average: 37.04¢2015 Hawaii average: 29.6¢2016 Hawaii average: 27.47¢2017 Hawaii average: 29.5¢2018 Hawaii average: 32.47¢2019 Hawaii average: 32.06¢2020 Hawaii average: 30.28¢2021 Hawaii average: 33.49¢2022 Hawaii average: 43.03¢2023 Hawaii average: 42.39¢2024 Hawaii average: 42.86¢2025 Hawaii average: 40.59¢2013 Hawaiian Electric Co Inc: 34.62¢2014 Hawaiian Electric Co Inc: 35.48¢2015 Hawaiian Electric Co Inc: 28.02¢2016 Hawaiian Electric Co Inc: 26.07¢2017 Hawaiian Electric Co Inc: 28.22¢2018 Hawaiian Electric Co Inc: 31.18¢2019 Hawaiian Electric Co Inc: 31.04¢2020 Hawaiian Electric Co Inc: 28.74¢2021 Hawaiian Electric Co Inc: 32.47¢2022 Hawaiian Electric Co Inc: 43.43¢2023 Hawaiian Electric Co Inc: 43.22¢2024 Hawaiian Electric Co Inc: 42.87¢2025 Hawaiian Electric Co Inc: 40.54¢

Hawaiian Electric Co IncHawaii averageUS average

Cents per kWh, nominal. The hollow point is EIA's 2025 early release, which has not been fully edited.

Year by year

Year¢ per kWhHawaii ¢Monthly billkWh a monthResidential customersAll sales
2025 early release40.54¢40.59¢$189.90468276,8536.3 TWh
202442.87¢42.86¢$194.71454276,2066.1 TWh
202343.22¢42.39¢$201.31466275,6546.1 TWh
202243.43¢43.03¢$208.49480274,8456.2 TWh
202132.47¢33.49¢$162.69501274,4436.2 TWh
202028.74¢30.28¢$151.87528273,7776.2 TWh
201931.04¢32.06¢$155.16500272,5906.6 TWh
201831.18¢32.47¢$153.70493271,8076.5 TWh
201728.22¢29.50¢$136.95485271,0656.5 TWh
201626.07¢27.47¢$126.94487270,4516.7 TWh
201528.02¢29.60¢$141.30504268,8426.8 TWh
201435.48¢37.04¢$178.46503266,9236.8 TWh
201334.62¢36.98¢$181.29524265,3726.9 TWh

Bundled residential service only in the price, bill and use columns. Bill = residential revenue ÷ customers ÷ 12; use = residential sales ÷ customers ÷ 12. EIA describes its early release as not fully edited; it is shown for this utility alone and enters no average, median or rank on this site.

Month by month

0¢20¢40¢60¢Jan 2025Apr 2025Jul 2025Oct 2025Jan 2026Apr 2026Jul 2026Jan 2025 Hawaii average: 40.51¢Feb 2025 Hawaii average: 42.69¢Mar 2025 Hawaii average: 41.11¢Apr 2025 Hawaii average: 42.44¢May 2025 Hawaii average: 41.03¢Jun 2025 Hawaii average: 40.96¢Jul 2025 Hawaii average: 39.36¢Aug 2025 Hawaii average: 38.9¢Sep 2025 Hawaii average: 39.54¢Oct 2025 Hawaii average: 39.74¢Nov 2025 Hawaii average: 40.2¢Dec 2025 Hawaii average: 41.62¢Jan 2026 Hawaii average: 39.79¢Feb 2026 Hawaii average: 43¢Mar 2026 Hawaii average: 42.23¢Apr 2026 Hawaii average: 46.62¢May 2026 Hawaii average: 52¢Jun 2026 Hawaii average: 52.72¢Jul 2026 Hawaii average: 48¢Jan 2025 Hawaiian Electric Co Inc: 39.44¢Feb 2025 Hawaiian Electric Co Inc: 43.42¢Mar 2025 Hawaiian Electric Co Inc: 43.27¢Apr 2025 Hawaiian Electric Co Inc: 43.51¢May 2025 Hawaiian Electric Co Inc: 40.9¢Jun 2025 Hawaiian Electric Co Inc: 41.96¢Jul 2025 Hawaiian Electric Co Inc: 40.12¢Aug 2025 Hawaiian Electric Co Inc: 38.99¢Sep 2025 Hawaiian Electric Co Inc: 39.04¢Oct 2025 Hawaiian Electric Co Inc: 38.83¢Nov 2025 Hawaiian Electric Co Inc: 39.61¢Dec 2025 Hawaiian Electric Co Inc: 39.54¢Jan 2026 Hawaiian Electric Co Inc: 38.64¢Feb 2026 Hawaiian Electric Co Inc: 42.39¢Mar 2026 Hawaiian Electric Co Inc: 42.45¢Apr 2026 Hawaiian Electric Co Inc: 48.4¢May 2026 Hawaiian Electric Co Inc: 55.09¢Jun 2026 Hawaiian Electric Co Inc: 55.88¢Jul 2026 Hawaiian Electric Co Inc: 50.83¢

Hawaiian Electric Co IncHawaii average

Form EIA-861M monthly sample, bundled residential service in Hawaii. Preliminary until EIA finalises the year. Latest: 50.83¢ in July 2026, average bill $251.13 on 494 kWh.

Sales by sector, 2024

SectorCustomersSalesShare of salesRevenue¢ per kWh, bundled
Residential276,2061.5 TWh25%$645,375,50042.87¢
Commercial33,1811.9 TWh32%$721,234,30037.03¢
Industrial4522.7 TWh44%$880,036,40032.82¢

Customers, sales and revenue count every service type the utility reported (bundled, energy-only and delivery-only). The price column uses bundled service alone, because part-bill revenue would understate it. Sources of energy: 6.6 TWh in total, of which 59.2% was its own net generation and 2.7 TWh was bought wholesale; summer peak demand 1,052 MW.

Reliability

SAIDI, all events234.3 min
SAIDI, without major event days171.6 min

Minutes of sustained interruption per customer in 2024, as the utility reported them under another method. SAIFI: 1.89 interruptions per customer with major event days, 1.66 without; CAIDI 123.8 minutes per interruption. EIA's Hawaii total across all reporting utilities was 320.6 minutes with major event days and 225.6 without. Major event days are storms and similar events that a utility's chosen method sets apart; methods differ, so treat comparisons as approximate. What SAIDI and SAIFI mean.

YearSAIDI, all eventsSAIDI, no major eventsSAIFI, all eventsSAIFI, no major eventsMethod
2025 early release201.5153.71.411.23Other
2024234.3171.61.891.66Other
2023149.5115.61.120.99Other
202292.785.90.780.73Other
2021112.592.80.970.85Other
202095.771.90.870.77IEEE 1366
2019139.189.41.030.84IEEE 1366
2018123.4111.91.331.25IEEE 1366
2017138.796.61.401.15IEEE 1366
2016109.383.21.301.00IEEE 1366
2015152.099.41.911.45IEEE 1366
2014108.0108.01.491.49Other
2013122.0122.01.371.37Other

Generation at plants it operates, 2025

Net generation of 3.9 TWh at power plants this utility operates, from Form EIA-923. It is not the mix delivered to customers: utilities also buy power wholesale (2.7 TWh in 2024), sell generation to others and may co-own plants that another company operates.

Counties in its service territory

Counties the utility listed on Form EIA-861 for 2024. Listing a county does not mean the utility serves all of it.

Other utilities in Hawaii

All Hawaii utilities · Investor-owned utilities nationwide

Questions and answers

How much does electricity cost from Hawaiian Electric Co Inc?

Residential customers paid an average of 42.87¢ per kilowatthour in 2024. EIA derives this by dividing residential revenue by residential sales; it is an average across all rate schedules and charges, not a tariff rate.

How does that compare with Hawaii?

The Hawaii average residential price in 2024 was 42.86¢ and the US average 16.48¢; Hawaiian Electric Co Inc was about the same as the state figure. Among 4 utility filings with a bundled residential price in Hawaii, it had the 3rd highest.

What is the average Hawaiian Electric Co Inc bill?

$194.71 a month in 2024, on average residential use of 454 kWh a month (annual revenue and sales divided by customers and by twelve). The Hawaii average was $212.12 on 495 kWh.

How reliable is Hawaiian Electric Co Inc service?

It reported 234.3 minutes of interruption per customer (SAIDI) including major event days and 171.6 minutes excluding them, with 1.89 interruptions per customer (SAIFI) in 2024. Utilities calculate these under differing methods, so comparisons are approximate.

Is the Hawaiian Electric Co Inc price rising?

The average residential price was little changed in 2024 compared with 2023 and up 38.1% compared with 2019. EIA's early, not fully edited release for 2025 shows 40.54¢.

Which counties does Hawaiian Electric Co Inc serve?

Its Form EIA-861 service territory lists 1 county: Honolulu County, HI. A county can appear in several utilities' territories.

Provenance

Source: U.S. Energy Information Administration. Annual figures are from Form EIA-861 (sales to ultimate customers, reliability, operational data and service territory files), final release for 2024, respondent "Hawaiian Electric Co Inc", utility number 19547; the 2025 row is from EIA's early release. Monthly utility figures are from the Form EIA-861M sample. State and US averages are from the Form EIA-861M sales and revenue workbook, published through July 2026. Generation by fuel is from Form EIA-923, 2025 final. All are US government works in the public domain. Page built 1 Oct 2026. Errors in processing are corrected at the next build; see corrections. For tariffs and rate schedules, consult the utility or the state utility commission.