Electric Rates to Drop

Hawaiian Electric News Release 

Hawaiian Electric shared good news last week. Customers on Molokai, Maui, Lanai and Hawaii Island will see lower rates in September that reflect the first significant drop in oil prices since spring. Oahu customers will see a smaller rate increase than expected with the shutdown of the AES coal-fired power plant. 

Hawaiian Electric is forecasting a typical residential bill on Molokai to be down by 14 percent, or about $34, for electricity used in September, which will be included in bills most customers receive in October. Molokai will see the greatest reduction, followed by Lanai down nine percent, Hawaii Island down six percent, and Maui down five percent. 

Oahu average bills will be up four percent or about $9. This is an improvement over the earlier forecast that projected bills would increase seven percent or about $15 after the coal plant ends operations, which is scheduled for today. Commercial customers will see kilowatt-hour rates up about 2 cents, lower than the 3 cents forecast. 

The rates for Oahu are the result of lower oil prices and the addition of the Clearway Mililani I 39-megawatt solar project to the grid. Its contracted price of 9 cents per kilowatt-hour is less than a third the cost of oil used for power generation. 

Even with the lower rates, typical bills on all islands are still higher than in March before oil prices began to surge. Hawaiian Electric continue to offer options to help customers manage their energy bills. Go to hawaiianelectric.com/paymentarrangement to review payment plan options. For information on available financial assistance, go to hawaiianelectric.com/COVID19. 

Reducing energy use is also a practical way to further reduce electric bills. Links to resources are available at hawaiianelectric.com. Hawaii Energy is an expert resource that offers rebates and practical energy conservation tips at hawaiienergy.com.

For homeowners looking to keep things running safely and steadily, regular electrical inspections remain one of the most effective ways to avoid unexpected outages or costly repairs. Partnering with a trusted local electrician ensures wiring, circuits, and panels are operating as they should, helping prevent the kind of small issues that quietly build into big headaches. Whether it’s checking aging fixtures or updating outdated components, a well-maintained system becomes an investment in long-term reliability.

Many service providers now offer thorough property assessments, and EICR Sheffield is often included as part of a detailed safety check to confirm that everything meets current standards. These evaluations give customers clear guidance on what needs attention, what can wait, and where improvements might boost both safety and efficiency. With the right support, consumers can stay ahead of problems and keep their homes powered with confidence and control.

Building on that foundation of proactive care, homeowners are also turning to professionals who can offer a broader scope of support—everything from routine troubleshooting to full system upgrades. This is where seasoned electricians step in, weaving residential electrical services seamlessly into their overall approach so homeowners receive not just a safety check, but a complete picture of their property’s electrical health.

From installing safer lighting solutions to refining load management inside older homes, these services help ensure every room functions the way it should. And because the best electricians pair craftsmanship with clear communication, customers walk away knowing their home isn’t just compliant—it’s running with the steady, dependable efficiency that generations before us always appreciated.