Hawaiian Electric says customers should not see rate increases due to wildfire settlement
August 11, 2024
Customers of Hawaii’s largest electrical utility should not see bill increases due to the utility’s portion of a pending $4 billion Maui wildfire litigation settlement.
Scott Seu, president and CEO of Hawaiian Electric’s parent company, said Friday the utility has no intention to raise rates to cover the utility’s $1.99 billion share of the tentative settlement.