Hawaii commercial electricity rates
Hawaii commercial electricity cost 38.18 cents per kWh in 2024, with 59,655 accounts buying 2.8 TWh.
In 2024 Hawaii commercial accounts paid 38.18 ¢/kWh, rank 1 of 51 and 199.5% above the U.S. commercial price (12.75 ¢). A Hawaii account using 3,954 kWh a month pays about $1,509. Since 2015 the Hawaii price moved +41.8%.
Hawaii is at the top of the commercial list. At 3,954 kWh a month, energy in Hawaii costs 1,225 dollars more than in North Dakota, the cheapest commercial state.
How it compares
| Commercial price | 2024 | 2015 | Change | Bill |
|---|---|---|---|---|
| Hawaii | 38.18 ¢/kWhthis state | 26.93 ¢/kWh | +41.8% | $1,509at 3,954 kWh |
| California (next below)Lowest in this table | 25.54 ¢/kWh-12.64 ¢ against Hawaii | 15.73 ¢/kWh | +62.4% | $1,010at 3,954 kWh |
Hawaii commercial: 2025 and 2026
Hawaii commercial, data to July 2026.
- Hawaii 2025 average price
- 36.37 ¢/kWh-4.7% against 2024, U.S. +5.2%
- Hawaii 2025 rank
- 1 of 51same place as 2024
- Hawaii January to Jul 2026
- 42.25 ¢/kWh+15.5% on Jan-Jul 2025
- Hawaii Last 12 months
- 39.55 ¢/kWhto July 2026
- Hawaii July 2026
- 43.63 ¢/kWh+24.4% against July 2025
- Hawaii 2025 costliest month
- Feb 38.77 ¢cheapest Aug 35.00 ¢, a 11% spread
- Hawaii Typical 2025 bill
- $1,427 a monthtop Aug $1,502, low Feb $1,300
The Hawaii commercial price averaged 36.37 ¢/kWh in 2025, -4.7% on 2024: Hawaii ran 9.9 points slower than the nation. From January to July 2026 the Hawaii average is 42.25 ¢, +15.5% on 2025, 9.8 points above the U.S. change. Seasonality in Hawaii: 2025 peaked in February at 38.77 ¢ and bottomed in August at 35.00 ¢. A typical commercial account in Hawaii paid about $17,118 for energy over 2025, from $1,300 in February to $1,502 in August; use per account ran 3,352 to 4,290 kWh a month.
Hawaii commercial price by month, 2024 to Jul 2026
Price by month, Hawaii commercial: 12 rows
| Month | 2024 | 2025 | 2026 to Jul |
|---|---|---|---|
| Jan | 41.48 | 37.54 | 37.35 |
| Feb | 40.16 | 38.77 | 38.62 |
| Mar | 40.19 | 36.43 | 37.93 |
| Apr | 40.15 | 37.38 | 42.99 |
| May | 39.13 | 35.82 | 46.19 |
| Jun | 37.88 | 35.54 | 48.05 |
| Jul | 37.10 | 35.06 | 43.63 |
| Aug | 37.26 | 35.00 | No data |
| Sep | 36.46 | 35.16 | No data |
| Oct | 36.29 | 35.88 | No data |
| Nov | 35.61 | 36.49 | No data |
| Dec | 37.70 | 38.18 | No data |
12 rows from EIA retail sales.
CSVWhat a typical Hawaii commercial account paid each month
Hawaii commercial: use per account times price, energy only.
Typical bill by month, Hawaii commercial: 12 rows
| Month | 2025 | 2026 to Jul |
|---|---|---|
| Jan | 1408 | 1386 |
| Feb | 1300 | 1256 |
| Mar | 1414 | 1373 |
| Apr | 1411 | 1508 |
| May | 1412 | 1817 |
| Jun | 1384 | 1802 |
| Jul | 1436 | 1808 |
| Aug | 1502 | No data |
| Sep | 1448 | No data |
| Oct | 1498 | No data |
| Nov | 1431 | No data |
| Dec | 1476 | No data |
12 rows from EIA retail sales.
CSVHawaii commercial charts
Commercial price, Hawaii and U.S.
Hawaii 26.93 ¢ in 2015 and 38.18 ¢ in 2024, 25.43 ¢ over the national figure.
Hawaii commercial price against the national average, 2015 to 2024: 10 rows
| Year | Hawaii commercial | Gap to U.S. commercial | Hawaii residential |
|---|---|---|---|
| 2015 | 26.93 | +16.29 | 29.60 |
| 2016 | 24.64 | +14.21 | 27.47 |
| 2017 | 26.77 | +16.11 | 29.50 |
| 2018 | 29.90 | +19.23 | 32.47 |
| 2019 | 29.23 | +18.55 | 32.06 |
| 2020 | 28.41 | +17.82 | 30.28 |
| 2021 | 30.88 | +19.66 | 33.49 |
| 2022 | 40.18 | +27.77 | 43.03 |
| 2023 | 39.03 | +26.44 | 42.39 |
| 2024 | 38.18 | +25.43 | 42.86 |
10 rows from EIA retail sales.
CSVAnnual change
Biggest move +30.1% in 2022; latest -2.2%.
% vs prior year
- -8.52016
- +8.62017
- +11.72018
- -2.22019
- -2.82020
- +8.72021
- +30.12022
- -2.92023
- -2.22024
Year-over-year change, Hawaii commercial price: EIA retail sales.
CSVAnalyst note
The Hawaii commercial price sat above the U.S. average in 10 of 10 years; the gap was +16.29 ¢ in 2015 and +25.43 ¢ in 2024. In the 2024 ranking Hawaii sits between California (25.54 ¢) one place below; the top of the list is 0.00 ¢ away and the bottom 30.99 ¢. Hawaii was 1st in 2015 with 26.93 ¢ and is 1st now; no move in the table. Hawaii commercial prices rose in 4 of 9 years. The largest rise was +30.1% in 2022, and the largest fall -8.5% in 2016. The Hawaii price peaked at 40.18 ¢ in 2022 and bottomed at 24.64 ¢ in 2016; 2024 is 5.0% below the peak and +55.0% from the low. Compounded, that is +3.95% a year in Hawaii, +1.92 points against the U.S. Hawaii buys 0.20% of all U.S. commercial electricity with 0.31% of the accounts, so the average Hawaii account uses 0.64 times the national average.
A top-ten price: 38.18 ¢/kWh for Hawaii commercial accounts, rank 1 of 51, +199.5% against the U.S. Hawaii: +41.8% over nine years, or +4.0% a year, beating the national +19.8% by 21.9 points; 2022 was the biggest single move (+30.1%) and 2022 the high.
Last year's change in Hawaii was -2.2% and falling. Against the residential price of 42.86 ¢ the gap is 4.68 ¢. Commercial sales are 31.6% of Hawaii electricity sold, and an average Hawaii account used 3,954 kWh a month, an implied bill near $1,509.
Counting revenue instead of kWh, Hawaii commercial accounts bring in 31.8% of Hawaii sector revenue on 31.6% of the kWh, a premium of 0.2 points that comes from the price level: 38.18 ¢ here against 42.86 ¢ for residential and 34.13 ¢ for industrial accounts. The average Hawaii commercial account uses 3,954 kWh a month, 46 of 51 among states on that measure; a residential account uses 0.13 times as much and an industrial account 89.10 times. Commercial accounts are 11.77% of the 506,988 accounts in Hawaii.
Facts
- Commercial price 2024
- 38.18 ¢/kWh+199.5% against U.S.
- Price in 2015
- 26.93 ¢/kWh+41.8% to 2024
- Annual change
- +4.0%+1.9 points vs U.S.
- Rank
- 1 of 5150 states cost less
- Gap to U.S.
- +25.43 ¢$1,005.38 a month
- Peak year
- 202240.18 ¢; 2016 low 24.64 ¢
- Sales
- 2.8 TWh31.6% of state sales
- Commercial accounts
- 59,65541.27 per 1,000 residents
- Use per account
- 3,954 kWh/mo47,442 a year
- Implied monthly bill
- $1,509+$1,005 against U.S. rate
Data tables
Hawaii, commercial: price by year
| Year | Hawaii | U.S. | Change | Gap | Ratio |
|---|---|---|---|---|---|
| 2015 | 26.93 | 10.64 | No data | +16.29 | 2.531 |
| 2016 | 24.64 | 10.43 | -8.5% | +14.21 | 2.362 |
| 2017 | 26.77 | 10.66 | +8.6% | +16.11 | 2.511 |
| 2018 | 29.90 | 10.67 | +11.7% | +19.23 | 2.802 |
| 2019 | 29.23 | 10.68 | -2.2% | +18.55 | 2.737 |
| 2020 | 28.41 | 10.59 | -2.8% | +17.82 | 2.683 |
| 2021 | 30.88 | 11.22 | +8.7% | +19.66 | 2.752 |
| 2022 | 40.18 | 12.41 | +30.1% | +27.77 | 3.238 |
| 2023 | 39.03 | 12.59 | -2.9% | +26.44 | 3.100 |
| 2024 | 38.18 | 12.75 | -2.2% | +25.43 | 2.995 |
Hawaii commercial: cost by use
| Monthly kWh | Hawaii cost a month | Gap to U.S. rate in Hawaii |
|---|---|---|
| 990 (0.25x the Hawaii account) | $377.98 | +$251.76 |
| 1,980 (0.5x the Hawaii account) | $755.96 | +$503.51 |
| 3,950 (1x the Hawaii account) | $1,508.11 | +$1,004.49 |
| 5,930 (1.5x the Hawaii account) | $2,264.07 | +$1,508.00 |
| 7,910 (2x the Hawaii account) | $3,020.04 | +$2,011.51 |
| 15,810 (4x the Hawaii account) | $6,036.26 | +$4,020.48 |
Hawaii: the three sectors measured against commercial
| Sector | Hawaii price ¢/kWh | Price vs commercial | Hawaii kWh per account a month | Use vs commercial | Hawaii revenue share | Hawaii kWh share |
|---|---|---|---|---|---|---|
| Residential | 42.86 | 1.12x | 495 | 0.13x | 33.4% | 29.6% |
| Commercial (this page) | 38.18 | 1.00x | 3,954 | 1.00x | 31.8% | 31.6% |
| Industrial | 34.13 | 0.89x | 352,251 | 89.10x | 34.8% | 38.8% |
Questions on Hawaii commercial
How much per kWh do Hawaii commercial customers pay: 38.18 cents on average?
38.18 cents in 2024, +199.5% against the U.S. rate.
Is Hawaii cheap or costly for commercial power?
1st of 51, with 50 places charging less.
What is the nine-year price trend for Hawaii commercial power?
26.93 to 38.18 cents: +41.8% in total, +4.0% a year.
What is a typical monthly commercial bill in Hawaii?
3,954 kWh at 38.18 cents, price times use, comes to $1,509.
How many commercial electricity accounts does Hawaii have?
59,655 accounts, or 41.27 per 1,000 residents.
When were Hawaii commercial prices highest since 2015?
2022 at 40.18 cents; the low was 24.64 cents in 2016.
What did Hawaii commercial electricity cost in 2025?
Hawaii averaged 36.37 cents per kWh, -4.7% against 38.18 in 2024, and 1 of 51 among states.
Are Hawaii commercial electricity prices rising in 2026?
Hawaii is +9.8 points against the U.S.: 42.25 cents from January to July 2026, +15.5% on 2025.
When in 2025 did Hawaii commercial power cost most, February or August?
February at 38.77 cents in Hawaii; August was the lowest at 35.00, a 11% spread.
Does Hawaii commercial power cost more than the national average in 2026?
28.27 cents above the national average; Hawaii 42.25 cents over January to July 2026, +15.5% on 2025.
More on Hawaii commercial
- Hawaii state hub4 utilities, 351 accounts per 1,000
- Hawaii residential rates42.86 ¢, rank 1 of 51
- Hawaii industrial rates34.13 ¢, rank 1 of 51