Maui windstorm and wildfires (Tables)

12 Months Ended

Dec. 31, 2024

Unusual or Infrequent Items, or Both [Abstract]

Schedule of Pending Contribution Expense, Offset by Probably Insurance Recovery

See table below for the incremental expenses related to the Maui windstorm and wildfires.

	Year ended December 31, 2024				Year ended December 31, 2023
(in thousands)	Electric utility		HEI Consolidated2		Electric utility		HEI Consolidated2
Maui windstorm and wildfires related expenses:
Legal expenses	$	51,406	$	69,779	$	24,737	$	33,969
Wildfire tort-related claims	1,915,000		1,915,000		75,000		75,000
Other expense	52,421		61,251		15,071		18,143
Total Maui windstorm and wildfires related expenses	2,018,827		2,046,030		114,808		127,112
Insurance recoveries	(85,781)		(94,699)		(98,613)		(104,580)
Deferral treatment approved by the PUC1	(37,960)		(37,960)		(14,692)		(14,692)
Total Maui windstorm and wildfires related expenses, net of insurance recoveries and approved deferral treatment	$	1,895,086	$	1,913,371	$	1,503	$	7,840

1    Related to the PUC’s order, received on December 27, 2023, approving deferred accounting treatment for the Utilities’ incremental non-labor expenses related to the August 2023 Maui windstorm and wildfires. Amounts were reclassified to a regulatory asset.

2    Excludes expenses related to discontinued operations amounting to $1.3 million and $11.3 million for the years ended December 31, 2024 and 2023, respectively.