Hawaiian Electric (Oahu) commercial electricity rates

• Average commercial price, 202534.67¢per kWh, all commercial customers
• vs Hawaii average−4.5%state commercial average 36.31¢
• Commercial customers33,231largest of 4 in Hawaii
• Average use4,896 kWha month per commercial customer
• Average bill$1,697a month per commercial customer
• Since 2015+40%from 24.84¢ per kWh
• Outages154 mina year per customer · US average 124

Hawaiian Electric (Oahu) is an investor-owned utility serving 1 county in Hawaii. Among the 4 Hawaii utilities in EIA’s 2025 sales data with 500 or more commercial customers, it is the largest, with about 56% of the state’s commercial customers. EIA lists it as Hawaiian Electric Co Inc.

Hawaiian Electric commercial electricity prices, 2015 to 2025

In 2015 Hawaiian Electric billed its commercial customers an average of 24.84¢ per kWh. In 2025 the figure was 34.67¢, so it rose 40% over 10 years. The average for all commercial customers in Hawaii rose 35% over the same period. The highest year was 2022, at 39.58¢. Between 2024 and 2025 it fell 6.4%.

Average use and average bill are the utility’s commercial sales and revenue divided by its commercial customers and by twelve. The bill is an all-in figure: energy, delivery, demand and fixed charges together. A few very large customers pull both averages up, so most businesses use and pay less than the average.

Residential, commercial and industrial prices at Hawaiian Electric

In 2025 the average commercial price at Hawaiian Electric was 14% below the residential figure and 15% above the industrial one. Larger customers take power at a higher voltage and use it more steadily, so at most utilities the average falls from residential to commercial to industrial. Which class an account falls in is the utility’s decision, and the line between commercial and industrial is drawn differently from one utility to the next.

How Hawaiian Electric’s commercial rates are set

Hawaiian Electric is investor-owned, so its rates are set in cases before the Hawaii Public Utilities Commission and published in a tariff, which is a public document. A commercial account is billed on a rate schedule, chosen by the size of the account and the voltage it takes power at, and a schedule usually combines a fixed monthly charge, a charge per kWh and, above a certain size, a demand charge on the highest rate of draw in the month. The schedule code is printed on the bill. There is no competitive supply market for ordinary commercial accounts in Hawaii, so the levers are the schedule, the peak and the amount used.

Meters, time-varying rates and net metering at Hawaiian Electric

EIA counts 32,624 commercial meters at Hawaiian Electric in 2025, and 31,492 of them (97%) are advanced meters (AMI), which record use at least hourly and report it to the utility at least daily. Of the rest, 583 are automated-reading (AMR) meters, which send a reading to the utility for billing only, and 549 are standard meters. An advanced meter is what makes interval data possible, and interval data is what shows when a building’s peak demand happens.

At Hawaiian Electric, 625 commercial customers were on a time-varying rate in 2025, about 1.9% of its commercial customers. A time-varying rate charges more in some hours than in others, so when a business uses power matters as well as how much. The kinds Hawaiian Electric reports offering commercial customers are time-of-use pricing.

EIA records 1,873 commercial net-metered generating systems at Hawaiian Electric in 2025, with 70.7 MW of capacity between them: about 56 for every 1,000 commercial customers. Net metering credits a customer for power its own system sends to the grid; the terms are in the utility’s tariff.

How reliable is Hawaiian Electric’s electric service?

Hawaiian Electric customers went without power for an average of 154 minutes in 2025, excluding major storms, with about 1.23 interruptions per customer. The average across U.S. utilities reporting the same way is 124 minutes. With major storms counted the figure was 202 minutes. This utility reports on a different measurement standard, so the comparison is only approximate. These are averages over every customer of every class, so they describe the system and not any one street.

Where Hawaiian Electric serves

EIA records Hawaiian Electric serving customers in 1 Hawaii county: Honolulu. A county can be shared between utilities, so this does not tell you who serves a given address. The utility that serves an address is the one named on its bill.

Other utilities in Hawaii

The average each billed its commercial customers in 2025. The Hawaii page has the state’s own figures and every utility with 500 or more commercial customers.

• Hawaii Electric Light (43.09¢)

What these figures can and cannot tell you

• They are averages over every commercial customer. A utility whose commercial customers are mostly large averages fewer cents per kWh than one serving mostly small shops, so a lower figure can mean larger customers and not a lower rate.
• They are not a rate schedule. None of these figures is a charge printed in Hawaiian Electric’s tariff, and nothing here works out a bill from one. The tariff index lists the utilities whose filed schedules are quoted on this site.
• They are annual and final. EIA publishes utility figures once a year. The Hawaii page carries the state’s trailing 12 months, which is more recent and still preliminary.

For one building, the cost estimator gives a range by building type, size and state, and price by utility sets every utility side by side. Commercial vs residential vs industrial compares the classes in every state.

Data: every year of these figures, for this utility and every other with a page, is in one CSV, free to use with credit to the U.S. Energy Information Administration and this site. To cite this page: Hawaiian Electric commercial electricity rates, CommercialElectricityRates.com, from EIA Form EIA-861 final 2025 data.

Common questions about Hawaiian Electric

What is the average commercial electricity rate at Hawaiian Electric?

Hawaiian Electric billed its commercial customers in Hawaii an average of 34.67¢ per kWh in 2025, according to the U.S. Energy Information Administration. That is 4.5% below the Hawaii commercial average of 36.31¢. It is the utility’s commercial revenue divided by its commercial sales, so it describes the whole class and is not the rate on any one schedule.

How much is the average commercial electric bill at Hawaiian Electric?

About $1,697 a month in 2025, on average use of about 4,896 kWh a month. That is Hawaiian Electric’s commercial revenue divided by its 33,231 commercial customers. A few very large accounts pull the average up, so most businesses pay less than this.

Have Hawaiian Electric’s commercial electricity rates gone up?

The average Hawaiian Electric billed commercial customers rose 40% between 2015 and 2025, from 24.84¢ to 34.67¢ per kWh. The Hawaii commercial average rose 35% over the same period.

How reliable is Hawaiian Electric’s electric service?

Hawaiian Electric customers averaged 154 minutes without power in 2025, excluding major storms, against a 124-minute average for U.S. utilities reporting the same way (EIA).

Does Hawaiian Electric use smart meters for businesses?

EIA counts 31,492 advanced (AMI) meters among Hawaiian Electric’s 32,624 commercial meters in 2025, which is 97%. An advanced meter records use at least hourly, which is what makes interval data and time-varying rates possible.

Is this the rate my business will pay Hawaiian Electric?

No. It is an average over every commercial customer, from a corner shop to a campus. What one business pays depends on its rate schedule, how much it uses and how hard it draws at its peak. The schedule code is printed on the bill, and the schedule itself is in Hawaiian Electric’s tariff.