Rates & Regulations

Average Price of Electricity

How much does your electricity cost?

Electricity prices in Hawaii are greatly affected by the cost of imported fuel oil because it accounts for roughly 50 percent of a typical bill.

In 2018, our companies experienced increases in the costs of fuel oil ranging from an 18 percent increase to a 45 percent increase, compared to the previous year-end. Consequently, electricity prices in 2018 were higher than in 2017.

We will continue to increase our use of renewable energy resources, which will help stabilize the future cost of electricity.

The following charts show the average price paid per kilowatt-hour (kWh) in 2018 by rate schedule for each type of customer. These figures are derived by dividing the total revenue by the total kWh sold for each category during the year. Electricity rates vary by rate schedule because they're based on the cost of providing service.

Hawaiian Electric Company (Island of Oahu)

Rate Schedule 2018 Average Cents/kWh
"R" Residential 31.18
"G" Small Power Use Business 32.58
"J" Medium Power Use Business 27.44
"P" Large Power Use Business 25.17
"DS" Large Power Use Business, Directly Served 24.04
"F" Street and Park Lighting 28.38

Maui Electric Company (Maui County)

Rate Schedule 2018 Average Cents/kWh
  Maui Molokai Lanai
"R" Residential 34.21 40.16 40.14
"G" Small Power Use Business 38.40 47.17 45.09
"J" Medium Power Use Business 33.53 38.98 42.73
"P" Large Power Use Business 30.80 33.05 38.78
"F" Street Lighting 31.79 37.84 39.42

Hawaii Electric Light Company (Island of Hawaii)

Rate Schedule 2018 Average Cents/kWh
"R" Residential 37.08
"G" Small Power Use Business 42.69
"J" Medium Power Use Business 33.87
"P" Large Power Use Business 30.15
"F" Street Lighting 38.14