Rates & Regulations

Average Price of Electricity

How much does your electricity cost?

Electricity prices in Hawaii are generally higher than on the U.S. mainland due to the cost of imported oil used to power many of the islands' generators. The fluctuation in the cost of fuel, which makes up roughly 50 percent of a typical bill, is the biggest driver.

Our isolated geographic location also contributes to the higher cost of electricity because we don’t have any nearby utility companies from which to draw power in the event of a problem. So for system reliability, we must have reserve generating capacity and multiple distribution routes.

Electricity prices in 2016 were significantly lower than in 2015, reflecting decreases in the price of fuel oil used to produce electricity.

Electricity rates vary by type of customer because they’re based on the cost of providing service. The charts below show the average price paid per kilowatt-hour (kWh) in 2016 by each type of customer (rate schedule) for each of our companies.

Hawaiian Electric Company (Island of Oahu)

Rate Schedule2016 Average Cents/kWh
"R" Residential 26.07
"G" Small Power Use Business 27.08
"J" Medium Power Use Business 22.03
"P" Large Power Use Business 20.15
"DS" Large Power Use Business, Directly Served 18.08
"F" Street and Park Lighting 22.96

These figures are derived by dividing the total revenue by the total kWh sold for each category during the year.

Hawaii Electric Light Company (Island of Hawaii)

Rate Schedule2016 Average Cents/kWh
"R" Residential 31.52
"G" Small Power Use Business 36.51
"J" Medium Power Use Business 27.65
"P" Large Power Use Business 24.28
"F" Street Lighting 31.08

These figures are derived by dividing the total revenue by the total kWh sold for each category during the year.

Maui Electric Company (Maui County)

Rate Schedule2016 Average Cents/kWh
 MauiMolokaiLanai
"R" Residential 28.49 32.71 33.52
"G" Small Power Use Business 31.96 39.45 38.58
"J" Medium Power Use Business 27.37 31.26 35.86
"P" Large Power Use Business 24.81 24.68 31.91
"F" Street Lighting 25.66 30.00 32.65

These figures are derived by dividing the total revenue by the total kWh sold for each category during the year.