It’s interesting to look at this chart and compare what electric rates have looked like for Hawaii Electric Company (HECO) customers compared with prices for Kauai Island Utility Cooperative (KIUC) customers over the same period.
KIUC’s electric rates have been all but flat from 2008 to 2014, while rates for the HECO companies have gone up from 4.4 percent to a whopping 28.3 percent.
| ELECTRIC RATES 2008-2014 | Jun-08 | Jun-14 | % Chg | |
| KIUC | $ 439.39 | $ 440.00 | 0.1% | |
| HECO-Oahu | $ 280.53 | $ 359.90 | 28.3% | |
| HELCO-Hawaii | $ 395.09 | $ 425.80 | 7.8% | |
| MECO-Maui | $ 374.35 | $ 391.00 | 4.4% | |
| MECO-Lanai | $ 426.87 | $ 470.00 | 10.1% | |
| MECO-Molokai | $ 416.32 | $ 480.00 | 15.3% |