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HECO power plant at Kahe Point in West Oahu. Hawaiian Electric Industries, Inc. (HEI) is the largest supplier of electricity in the U.S. state of Hawaii, supplying power to 95% of Hawaii's population through its electric utilities: Hawaiian Electric Company serving Oahu, Hawai'i Electric Light Company serving The Big Island, and Maui Electric Company serving Maui, Lanai and Molakai.
The state relies heavily on imports of petroleum; Hawaii has the highest share of petroleum use in the United States, with 67% of electricity generation in the state coming from petroleum in 2023, compared to less than 1% nationally. [1] [2] As of 2021 renewable energy made up 34.5% on Oahu, Maui and the island of Hawaii. [3]
Kauaʻi Electric was incorporated in 1905 as a subsidiary of McBryde Sugar in order to construct a 2.4 MW hydroelectric plant on the Wainiha River. Kauaʻi Electric merged with Lihue Plantation's Waiahi Electric Company early in the 1950s. Kauaʻi Electric became a division of Citizens Utilities Company in 1969. In the late 1990s, Citizens ...
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The utility-scale electrical energy generation mix in 2023 was 77% petroleum-derived fuels, 6.8% solar, 6.8% wind, 3.7% geothermal, 3% biomass, 0.9% hydroelectric, and 1.9% other. [1] Hawaii's one geothermal plant, which previously supplied about 2% of the state's and 10% of the Big Island 's electricity, was offline during 2019 to repair ...
Under the tentative $4.037 billion deal, Hawaiian Electric would contribute $1.99 billion, while the state and Kamehameha Schools would each contribute $872.5 million. Maui County would not pay ...
Hawaiian Electric's share of the settlement liability is $1.99 billion. The problem is that Hawaiian Electric only had $550 million in cash on its balance sheet as of June 30, and is also paying a ...
The project located at the Natural Energy Laboratories of Hawaii is a 2 MW solar thermal project interconnected into the Hawaiian Electric Industries grid under a Power Purchase Agreement. 2009: La Ola Solar Farm on Lanai was dedicated in January, with a design capacity of 1.5 MW (1.2 MW AC). [48]