Electricity Rates in Honolulu, HI

Electricity rates in Honolulu, HI average 43.0¢/kWh — 141.8% above the national average of 17.78¢/kWh. Hawaiian Electric Co Inc is the primary electricity provider in the area.

Avg. Residential Rate 43.0¢/kWh
vs. Hawaii Avg. -4.4%
vs. National Avg. +141.8%
Providers 1

Electricity Providers in Honolulu

Utility Residential Rate Commercial Rate Type
Hawaiian Electric Co Inc 43.0¢/kWh 37.0¢/kWh Investor Owned

Estimated Monthly Electric Bill

Based on the average residential rate of 43.0¢/kWh and typical US household usage of 886 kWh/month:

Honolulu monthly bill $380.98
Honolulu annual cost $4571.76
Hawaii avg. monthly $398.70
National avg. monthly $157.53

Solar Savings in Honolulu

At 43.0¢/kWh, a typical Honolulu household spends approximately $4571.76/year on electricity. Solar panels could reduce this by 50–90%.

$3429/yr estimated solar savings

The federal solar tax credit covers 30% of installation costs through 2032.

EV Charging Costs in Honolulu

Charging an electric vehicle at home in Honolulu costs approximately $387.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.

Frequently Asked Questions

What is the average electricity rate in Honolulu, HI?

The average residential electricity rate in Honolulu, HI is 43.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $380.98 for a typical household.

Who provides electricity in Honolulu?

Honolulu is served by 1 electricity provider. Hawaiian Electric Co Inc is the largest provider in the area.

How do Honolulu electricity rates compare to the rest of Hawaii?

Honolulu's average rate of 43.0¢/kWh is 4.4% below the Hawaii state average of 45.0¢/kWh. Rates are typical for the region.