Hawaii Electric Utilities Comparison

Hawaii has the highest electricity rates in the nation due to its reliance on imported oil and isolated island grids, but is rapidly transitioning to renewable energy.

Lowest Rates

Hawaiian

~44\u00a2/kWh

Highest Rates

Hawaiian

~44\u00a2/kWh

Total Customers

450,000

across 1 utilities

Key Factors in Hawaii

Key factors for Hawaii include having the highest US rates, island isolation, a rapid renewable transition, and being a solar leader.

Hawaii Utilities by Rate

#1
Hawaiian Electric (HECO)
Oahu Maui and Hawaii Island450,000

38-50¢/kWh

Hawaiian Electric Industries (investor-owned)

Advantages

  • Aggressive renewable goals
  • Island grid expertise
  • Solar integration leader
  • Community programs

Considerations

  • Highest rates in US
  • Isolated island grids
  • Oil dependency legacy
  • Infrastructure costs

Key Factors in Hawaii

Highest US Rates

Hawaii's reliance on imported oil for power generation leads to the highest electricity costs in the nation.

Island Isolation

Each island has its own grid, making it difficult to share power and increasing vulnerability to disruptions.

Renewable Transition

The state has aggressive goals to achieve 100% renewable energy, driving significant investment in solar and wind.

Solar Leader

Hawaii has one of the highest rates of rooftop solar adoption, leveraging its abundant sunshine.

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