 | |
| Company type | Public |
|---|---|
| |
| Founded | October 13, 1891 |
| Headquarters | Honolulu, Hawaii, U.S. |
| Revenue |  US$3.742 billion[1] (2022) |
| US$381 million[1] (2022) | |
 US$241 million[1] (2022) | |
| Total assets | US$9.546 billion[1] (2022) |
| Total equity | US$468.885 million[1] (2022) |
Number of employees | 2,511 full-time[1] (2022) |
| Subsidiaries | Hawaiian Electric Company, Inc. Hawai'i Electric Light Company, Inc. Maui Electric Company, Limited Pacific Current LLC American Savings Bank |
| Website | hei www |
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. In addition, HEI owns a financial institution serving Hawaii, American Savings Bank, and a clean energy and sustainability company, Pacific Current LLC.[2]
Hawaiian Electric Company (abbreviated HECO and pronounced HEE-coh), Hilo Electric Light Company (later renamed Hawai'i Electric Light Company, abbreviated HELCO and pronounced HEL-coh), and Maui Electric Company (abbreviated MECO and pronounced MEE-coh) employ more than 2,000 people. Approximately 20,000 Hawaii residents are shareholders of HECO’s parent company, Hawaiian Electric Industries.[3] The company is headquartered in Honolulu.
The island of Kauai is the only Hawaiian island not supplied by HEI. Instead, the consumer-owned Kauai Island Utility Cooperative manages that island's electricity.
- ^ a b c d e f Transition Report United States Securities and Exchange Commission; Archived 2023-08-16 at the Wayback Machine
- ^ "Company Profile". HEI. Archived from the original on October 5, 2016. Retrieved September 2, 2020.
- ^ "HECO Power Facts" (PDF). Archived from the original (PDF) on December 29, 2010. Retrieved December 31, 2010.