Hawaiian Electrical Utilities has developed a plan to strengthen the electrical grid to reduce wildfire risks.

On January 14, Glorify reported that the electrical utilities provider, Hawaiian Electric Company, announced a plan to strengthen the power grid on Monday to help reduce the risk of wildfires caused by its equipment. The utility has faced intense scrutiny for its role in the deadly Maui wildfires in 2023. Hawaiian Electric Company stated that the plan will cost approximately $0.45 billion between 2025 and 2027, with a work budget of $0.137 billion for this year. The company added that part of the expenses has been funded through existing programs, including federal grants received in 2024.

Gelonghui Finance14:48

Express News | Hawaiian Electric Industries- Cost of 2025-2027 Wildfire Safety Strategy Estimated at About $450 Mln, Including $137 Mln Budgeted for Work in 2025

Breakings06:08

Express News | Hawaiian Electric: To Deploy New Technology, Fortify Infrastructure, Minimize Fire Hazards & Expand Community Partnerships to Reduce Risk of Wildfire

Breakings06:07

Wells Fargo Maintains Hawaiian Electric Industries(HE.US) With Hold Rating

Futu NewsJan 11 23:32 · Ratings

In Hottest Year Ever, US Homes Used a Record Amount of Power to Keep Cool

BNN BloombergJan 11 05:36

California Wildfires Send Power Company Edison International's Stock Falling

MarketWatchJan 10 20:44