-40%
Hawaiian Electric Co. Inc., 1990s $Odd Registered 8.20% Specimen Bond, XF SCBNC
$ 12.08
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Description
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Hawaiian Electric Company incorporated on October 13, 1891. Within about 16 years the utility had 2,500 customers on Oahu. By 1914 HECO had started rural service to the windward side of the island and was marketing electric products like refrigerators and flat irons. In 1937 HECO broke ground on its second power plant, and transmission lines soon crisscrossed Oahu. The island of Kauai is the only Hawaiian island not supplied by HEI. Instead, the consumer-owned Kauai Island Utility Cooperative manages that island's electricity.
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