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Affiliate Transactions

The relationship between Hawaiian Electric and unregulated, energy-related affiliate companies is governed by the Affiliate Transaction Requirements (ATRs) established by the Hawaii Public Utilities Commission (PUC). The ATRs were established with the PUC's Decision and Order No. 35962 issued on December 19, 2018, and subsequently modified by Order No. 36112, issued on January 24, 2019, in Docket No. 2018-0065.

The ATRs address many issues related to Hawaiian Electric's interactions and transactions with Affiliates and Affiliate-Related Entities. Each year, Hawaiian Electric files a compliance plan with the PUC to explain its compliance processes with respect to the ATRs.

ATRs Compliance Plan

This webpage has been developed to notify interested parties of particular transactions between Hawaiian Electric and certain of its affiliated companies.

If you'd like more information about these rules/regulations, you can email ATR@hawaiianelectric.com.


Hawaiian Electric's Current Affiliates and Affiliate-Related Entities

Affiliates

  • Hawaiian Electric Industries, Inc. (holding company)
  • ASB Hawaii, Inc. (holding company)
  • Pacific Current, LLC

Affiliate-Related Entities

  • Alenuihaha Developments, LLC
  • Hamakua Energy, LLC
  • Hamakua Holdings, LLC (holding company)
  • Mauo, LLC
  • Upena, LLC
  • Renewable Hawaii, Inc. (operationally inactive)

Current Required Notices to Non-Affiliates

Under the ATRs, if Hawaiian Electric provides any of the following to an Affiliate or Affiliate-Related Entity, it must also make the same available to Similarly Situated non-Affiliates:

  • Products or services, other than Corporate Support Services (ATRs § V.B.1)
  • Discounts, rebates, waivers, or special conditions (ATRs § V.B.5)
  • Waiver or amendment of contract terms and conditions regarding wholesale power transactions (ATRs § V.C.1.iv)
  • Discounts, rebates, fee waivers, or alternative tariff terms and conditions regarding retail Electricity-Related Services (ATRs § V.C.2.iii)

Current Notices

None


ATRs Audit Request for Proposals

Pursuant to the ATRs, an external audit must be conducted on Hawaiian Electric's ATRs compliance every three years. Any parties interested in submitting a proposal to serve as the independent auditor should review the RFP document available here: ATRs External Audit RFP. Proposals must be received by October 15, 2024, and should be submitted to ATR@hawaiianelectric.com.

For reference, a copy of the 2022 ATRs Audit Final Report can be found here: 2022 ATRs Final Audit Report


Email Notifications

If you serve or are proposing to serve in the same market as Hawaiian Electric's affiliates or would otherwise like email notifications regarding the above types of affiliate transactions, please sign up for email notifications.

Sign Up for Email Notifications