96704 Electric Rates

💡 48.31¢/kWh
👥 7,975
48.31¢per kWh189.6% above US avg

ZIP code 96704 in Captain Cook, HI has a residential electricity rate of 48.31¢/kWh as of 2024, which is 189.6% higher than the national average of 16.68¢/kWh and 13.9% above the HI state average of 42.40¢/kWh.

This higher rate reflects HI's energy infrastructure costs, renewable energy investments, and regional market conditions. Despite higher rates, many residents offset costs through energy efficiency programs and solar installations.

Monthly Bill Estimates

Small (500 kWh)$242
Average (900 kWh)$435
Large (1,400 kWh)$676
Primary Provider
Hawaii Electric Light Co Inc
Regulated market - Single utility serves this area
Population: 7,975

ZIP Code 96704 Rate Comparison Map

Captain Cook, HI • Compare rates with nearby areas

Rates range from 48.31¢ to 48.31¢ in this area

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Click any ZIP code to view details • Darker colors indicate higher rates • Map data © OpenStreetMap

📊 Comprehensive Rate Analysis for 96704

The electricity market in Captain Cook presents unique characteristics that influence your rates.While 96704 pays more than the HI average, this is often due to localized factors such as transmission infrastructure, urban density, and specific utility operational costs.

Key Market Insights

  • Regional Context: HI ranks among states nationally for residential electricity rates. Your specific ZIP code is slightly higher than the state average.
  • Surprising Comparison: Residents in 96704 pay 190% more than the national average, which means an extra $3416 per year for a typical household.
  • Market Structure: HI operates as a regulated market where Hawaii Electric Light Co Inc is your sole provider, with rates approved by the state utilities commission to balance affordability and reliability.

Rate Trend Analysis

Historical data shows that HI electricity rates have fluctuated over the past decade. The current rate of 48.31¢/kWh represents higher costs compared to the state's trajectory. Looking forward, rates are influenced by factors including renewable energy transitions, infrastructure investments, and natural gas prices.

📊 Rate Comparison

ZIP 96704Current ZIP48.31¢/kWh
48.3¢
Nat'l Avg
HI Average42.40¢/kWh
42.4¢
National Average16.68¢/kWh
16.7¢
Low (≤10¢)
Average (15-20¢)
High (>25¢)
Your ZIP

Quick Summary:

The current ZIP code rate is 48.31¢/kWh, compared to the national average of 16.68¢/kWh.

⚡ Your Electric Company

Hawaii Electric Light Co Inc
Primary Provider
Investor-Owned
48.31¢
per kWh

HI Residential Electricity Rates 1970-2024

Caption: HI residential electricity rates from 1970-2024 (¢/kWh)

Source: EIA State Energy Data System (SEDS) • Rates shown in cents per kilowatt-hour

What Uses Electricity in Your Home?

Understanding where your electricity goes in Captain Cook

🌤️

HI enjoys lower electricity usage due to mild climate

Moderate temperatures mean less spent on climate control. Many homes benefit from natural ventilation and minimal heating/cooling needs.

🌡️

Air Conditioning & Heating

Climate control year-round

25%
≈$96.62/mo
25%
💧

Water Heating

Hot water for showers, dishes, and laundry

18%
≈$69.57/mo
18%
🔌

Appliances

Refrigerator, washer, dryer, dishwasher

15%
≈$57.97/mo
15%
💡

Lighting

Indoor and outdoor lighting

9%
≈$34.78/mo
9%
📺

Electronics

TVs, computers, gaming consoles

10%
≈$38.65/mo
10%

Other

Pool pumps, EV charging, misc.

22%
≈$85.03/mo
22%

Estimated Monthly Total

Based on 800 kWh at 48.31¢/kWh

$386.48

* Usage percentages are estimates based on EIA Residential Energy Consumption Survey (RECS) data for the South Census Region. Actual usage varies by household.

Quick Ways to Reduce Usage

Use programmable thermostat
Switch to LED light bulbs (75% savings)
Run appliances during off-peak hours
Seal drafts around windows and doors

💰 Save Money Tips

1
Shop Around
Look into solar or efficiency programs
2
Smart Thermostat
Save 10-23% on heating/cooling costs
3
LED Bulbs
Use 80% less energy, last 25x longer
4
Solar Panels
Reduce bills with federal tax credits

Frequently Asked Questions

What is the average electricity rate in ZIP code 96704?

The average residential electricity rate in ZIP code 96704 is 48.31¢ per kilowatt-hour (kWh) as of 2025. This rate is 189.6% higher than the national average of 16.68¢/kWh and is provided primarily by Hawaii Electric Light Co Inc.

Who is the electric company for 96704?

Hawaii Electric Light Co Inc is the primary electricity provider for ZIP code 96704. This investor-owned utility serves the area with a residential rate of 48.31¢/kWh.

What is the average monthly electric bill in 96704?

The average monthly electric bill in ZIP code 96704 is approximately $434.79, based on the average residential rate of 48.31¢/kWh and typical household usage of 900 kWh per month. Bills can range from $241.55 for smaller homes (500 kWh) to $724.65 for larger homes (1,500 kWh). Actual bills will vary based on usage, season, and additional fees.

Is 96704 in a deregulated electricity area?

No, ZIP code 96704 is not in a deregulated electricity area. HI has a regulated electricity market, which means Hawaii Electric Light Co Inc is your designated electricity provider. Rates are set by the state's public utilities commission to ensure fair pricing and reliable service.

How does 96704 compare to other ZIP codes in HI?

ZIP code 96704 has an electricity rate of 48.31¢/kWh, while the HI state average is 42.40¢/kWh — making the state average 13.9% cheaper than this ZIP. This ZIP code's rates are higher than the state average, which may be due to local infrastructure costs, transmission distances, or utility-specific factors. Compare with nearby ZIP codes to find potential savings in your area.

When will 2025 electricity rates be available?

2025 electricity rates for ZIP code 96704 will be available in December 2026 when the U.S. Energy Information Administration (EIA) publishes its annual Form 861 report. The EIA collects data from all U.S. electric utilities and releases the complete dataset approximately 12 months after the reporting year. ElectricityExplorer updates all rates within 48 hours of each new EIA release. The current data shown reflects 2024 rates, which is the most recent complete annual data available.

📊Data Sources & Update Schedule

Current Data Version: 2024 Annual Data (Released December 2025)

Data SourceCoverage PeriodNext Update Expected
EIA Form 8612024 ratesDecember 2026 (2025 data)
NREL Utility Rates2024 ratesQ1 2026
SEDS Historical1970-2024December 2026

How We Calculate Rates

Residential electricity rates are calculated from EIA Form 861 data using the formula:

Total Revenue ÷ Total Sales (MWh) = Average Rate per kWh

Why 2024 Data in 2026?

The EIA publishes annual electricity data approximately 12 months after the reporting year ends. The most current complete dataset available is 2024, released in December 2025. We update our database within 48 hours of each new EIA release.

Looking for 2025, 2026, or 2027 rates?

2025 electricity rates for ZIP code 96704: Will be available in December 2026 when the EIA releases the 2025 annual report.

2026 electricity rates for ZIP code 96704: Expected in December 2027 following the standard 12-month reporting cycle.

2027 electricity rates for ZIP code 96704: Projected release in December 2028 based on historical EIA publication patterns.

📊 Historical Data Available:

We currently have complete residential electricity rate data from 1970 through 2024 for all US ZIP codes, cities, and states.

Data accuracy verified through multiple sources • Updated within 48 hours of new releases