Hawaiian Electric Co Inc Electricity Rates and Average Bill (Hawaii)

Data through May 2026 (the latest month EIA has published) · Updated August 14, 2026

As of May 2026, Hawaiian Electric Co Inc's residential customers in Hawaii paid an average effective rate of 55.09¢/kWh with an average monthly bill of $238.07, per EIA Form 861-M data. That rate is 3.1¢ above the Hawaii average of 52.00¢/kWh; the U.S. average is 18.44¢/kWh.

Average rate
55.09¢/kWh
+34.7% year over year
Average bill
$238.07
+30.0% year over year
Average usage
432 kWh/mo
vs 480 HI average
Residential customers
277,277
Investor Owned

Rate trend vs the Hawaii average

View this chart as a table (last 12 months)
MonthRate (¢/kWh)Avg bill ($/mo)Avg usage (kWh/mo)
June 202541.96177.36423
July 202540.12192.97481
August 202538.99206.81530
September 202539.03201.75517
October 202538.83203.91525
November 202539.61192.92487
December 202539.54199.42504
January 202638.64206.01533
February 202642.39159.17376
March 202642.45185.82438
April 202648.40205.47425
May 202655.09238.07432

Hawaiian Electric Co Inc vs Hawaii vs the U.S.

Hawaiian Electric Co IncHawaiiU.S. average
Rate (May 2026)55.09¢/kWh52.00¢/kWh18.44¢/kWh
Average monthly bill$238.07$249.55$135.70
Average monthly usage432 kWh480 kWh736 kWh
Rate change, 1 year+34.7%+26.7%+6.2%

Estimate a bill at Hawaiian Electric Co Inc rates

1,000 kWh × 55.09¢ ≈ $550.90

Worked example: 1,000 kWh at Hawaiian Electric Co Inc's average effective rate of 55.09¢/kWh is about $550.90. The utility's actual average usage is 432 kWh/month, which produces the $238.07 average bill. This is an all-in average (energy, delivery, fixed charges, riders); your tariff's marginal price will differ.

See the full Hawaii rate trend, look up another utility by ZIP code, or read why electric bills are rising.

Source: EIA Form 861-M (monthly utility-level sales to ultimate customers, residential), published with roughly a two-month lag. Rate = revenue ÷ sales; bill = revenue ÷ customers. Months failing basic sanity screens are excluded. See methodology.