XML 48 R52.htm IDEA: XBRL DOCUMENT v3.3.0.814
Electric utility segment Additional Information (Details)
1 Months Ended 3 Months Ended 12 Months Ended
Dec. 30, 2014
Jun. 30, 2014
Jul. 11, 2013
MW
May. 31, 2013
USD ($)
Nov. 30, 2013
USD ($)
Feb. 28, 2013
bid
May. 31, 2012
MW
Mar. 31, 2012
USD ($)
Feb. 28, 2012
USD ($)
Dec. 31, 2009
Nov. 30, 2013
USD ($)
Jun. 30, 2013
USD ($)
Dec. 31, 2011
USD ($)
Dec. 31, 2014
USD ($)
agreement
MW
Dec. 31, 2013
USD ($)
MW
Dec. 31, 2012
USD ($)
Jul. 31, 2014
USD ($)
Feb. 07, 2014
Feb. 16, 2012
generation_unit
Power purchase agreements                                      
Number of power purchase agreements (PPAs) | agreement                           7          
Hawaiian Electric Company, Inc (HECO)                                      
Power purchase agreements                                      
Number of power purchase agreements (PPAs) | agreement                           7          
Purchased power                           $ 537,821,000 $ 527,839,000 $ 540,802,000      
Renewable projects                                      
Number of Generating Units Subject to New Regulation | generation_unit                                     14
D&O                                      
Revenues                           2,142,245,000 2,124,174,000 2,228,233,000      
Hawaii Electric Light Company, Inc. (HELCO)                                      
Power purchase agreements                                      
Purchased power                           123,226,000 128,368,000 145,386,000      
D&O                                      
Revenues                           422,200,000 431,517,000 441,013,000      
Maui Electric Company, Limited (MECO)                                      
Power purchase agreements                                      
Purchased power                           60,961,000 54,474,000 38,052,000      
Environmental regulation                                      
Additional accrued investigation and estimated cleanup costs               $ 3,100,000           3,600,000          
D&O                                      
Revenues       $ 5,300,000                   422,965,000 424,603,000 440,270,000      
Reductions in D&O                                      
Lower ROACE                             4,000,000        
Customer Information System expenses                             300,000        
Pension and OPEB expense based on 3-year average                             1,500,000        
Integrated resource planning expenses                             900,000        
Operational and Renewable Energy Integration study costs                             1,100,000        
Total adjustment                           $ 7,800,000 7,800,000        
Stipulated return on common equity percentage                           10.00%          
Return on common equity percentage approved by PUC                           9.00%          
Return on common equity percentage approved by PUC allocated to lower interest rate                           0.50%          
Return on common equity percentage approved by PUC allocated for OverCurtailment of renewable energy                           0.50%          
Period as basis for calculation of average pension cost                           3 years          
Charge recorded net of revenue taxes                       $ 7,600,000              
Amount to be refunded to customers                     $ 9,700,000                
Increase (decrease) in employee benefit expenses                       (1,800,000)              
Deferred IRP cost allowed by PUC order, reclassified to deferred accounts                       $ 700,000              
General Rate Case Cycle Period 3 years                                    
Estimated increase in revenue, if base rate increased                           $ 11,600,000          
Estimated increase in revenue, if base rate increased, percentage                           2.80%          
Estimated cost of common equity, percentage                           10.75%          
Hawaiian Electric Company, Inc. and Subsidiaries                                      
Fuel contracts                                      
Estimated cost of minimum purchase within 2015 year                           $ 400,000,000          
Estimated cost of minimum purchase in 2016 year                           300,000,000          
Estimated cost of minimum purchase in 2017 year                           6,400,000          
Cost of purchases                           $ 1,100,000,000 1,100,000,000 1,300,000,000      
Power purchase agreements                                      
Power purchase capacity excluding agreements with smaller IPPs (in megawatts) | MW                           575          
Purchased power                           $ 722,008,000 $ 710,681,000 724,240,000      
Expected fixed capacity charges per year for 2015 through 2019, minimum                           100,000,000          
Expected fixed capacity charges from 2019 through 2033                           500,000,000          
Renewable projects                                      
Percentage of renewable portfolio standard to be achieved by 2030                   40.00%                  
Recovery of annual deferred costs contingent on approval         $ 405,000                            
Integration from renewable energy sources (in megawatts) | MW     200                       200        
Maximum deferred cost recovery                 $ 5,890,000                    
Integration from firm renewable geothermal dispatchable energy (in megawatts) | MW             50                        
Number of bids received | bid           6                          
Environmental regulation                                      
Percentage of reduction in GHG emissions by 2020   16.00%                                  
Estimated annual fee, emissions regulation                           500,000          
D&O                                      
Revenues                           2,987,323,000 $ 2,980,172,000 3,109,439,000      
Changes in the asset retirement obligation liability                                      
Balance at the beginning of the period                           43,106,000 48,431,000        
Accretion expense                           890,000 1,263,000        
Liabilities incurred                           0 0        
Liabilities settled                           (14,577,000) (5,672,000)        
Revisions in estimated cash flows                           0 (916,000)        
Balance at the end of the period                           29,419,000 $ 43,106,000 $ 48,431,000      
Decoupling                                      
Public Utilities, baseline capital project value to determine revenue adjustment                           $ 2,500,000          
Public Utilities, proposed rate base adjustment, percent of previous rate base adjustment                                   90.00%  
Public Utilites, effective interest rate, revenue balancing account                           6.00%          
Hawaiian Electric Company, Inc. and Subsidiaries | Minimum                                      
Decoupling                                      
Public Utilities, proposed effective interest rate, revenue balancing account                                   1.25%  
Hawaiian Electric Company, Inc. and Subsidiaries | Maximum                                      
Decoupling                                      
Public Utilities, proposed effective interest rate, revenue balancing account                                   3.25%  
East Oahu Transmission Project Phase 1 | Hawaiian Electric Company, Inc. and Subsidiaries                                      
Renewable projects                                      
Gross plant cost agreed to be written-off in lieu of regulatory audit               9,500,000                      
After-tax charge to net income due to settlement agreement                         $ 6,000,000            
Additional increase in test year rate case               $ 5,000,000                      
Reserve for environmental costs                                      
Environmental regulation                                      
Reserve for additional investigation                                 $ 800,000