At Hawaiian Electric, Maui Electric and Hawaii Electric Light Company, the roots in the islands run deep and their commitment to the future is strong. Hawaiian Electric is the largest supplier of electricity in the state of Hawaii, supplying power to 95% of Hawaii's population through its electric utilities: Hawaiian Electric Company, Inc., Hawaii Electric Light Company, Inc. and Maui Electric Company, Limited. In addition, HEI owns a financial institution serving Hawaii, American Savings Bank.
Hawaiian Electric and Maui Electric Company are honored for Solar Energy Adoption by the Solar Electric Power Association in 2012. In 2012, critical investments to upgrade and modernize electrical systems include replacing 210,000 feet of underground power cable on Oahu (up from 97,000 in 2011), 1300 utility poles (1000 in 2011) and 24 transmission structures (one in 2011). Compared to 2008, when they first set their new clean energy targets, they have eliminated the annual use of 500,000 barrels of oil in our system, the equivalent of $69 million in 2012. In 2012, Going Solar, an online solar resource center, was launched to provide customers information on choosing a contractor, financing, siting, and sizing photovoltaic and more. Also in 2012, added a photovoltaic system at their120 megawatt biofueled generation station at Campbell Industrial Park to help power the facility and run two electric vehicle chargers.