- Local businesses in Hawaii are currently facing high operating costs.
- Hoteliers and the Hawaiʻi Hotel Alliance oppose proposed service rate hikes and increased wastewater charges in Hawaiʻi County.
Hawaiian Electric Company Announces Base Rate Increases Across Hawaii Islands
What happened
Hawaiian Electric Company announced plans to raise its base rates across the state over the next few years. The increases will be implemented in two phases, with the first phase increasing consolidated annual revenues by approximately $125 million starting January 1, 2027. The second phase is projected to increase revenues by an additional $45 million, effective January 1, 2028.
Why it matters
The proposed rate hikes occur while local businesses in Hawaii are already facing high operating costs. Hoteliers and the Hawaiʻi Hotel Alliance have opposed the proposed service rate increases and increased wastewater charges in Hawaiʻi County.
Hoteliers and the Hawaiʻi Hotel Alliance oppose proposed service rate hikes and increased wastewater charges in Hawaiʻi County. Local businesses in Hawaii are currently facing high operating costs.
Who's involved
- MauiOne of the islands where base rates are increasing
- OahuOne of the islands where base rates are increasing
- LanaiOne of the islands where base rates are increasing
- Maui CountyThe administrative and governing body for the island of Maui
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Maui CountySpeculative
Operational costs for county residents and businesses might increase due to the regulatory rate hike.
- Marriott InternationalSpeculative
Large resorts might see their operational costs directly increase due to the rate hike.