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Hawaii doesnât have a sales tax, but it does impose the general excise tax (GET) âat every level of transaction on goods and servicesâ¦ .â The GET is 4% throughout most of Hawaii, and 4.5% on Oahu,but the state allows a business to charge their customers a maximum of 4.712% to help recoup some of their total GET.
A 2009 rate case granted Hawaiian Electric permission to raise Oahu prices 5.7 percent to finance new infrastructure and meet rate-of-return requirements. A $1/barrel tax was also implemented in 2010 to fund renewable energy and food security initiatives.But this tax amounts to only 0.2 cents per kWh.rices paid on PPAs vary across contracts and timing (peak or off-peak). These comprise a small share of total generation and the prices, on average, are roughly similar to the cost Hawaiian Electricâs reported cost for oil-generated electricity.