UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report: ~~November~~December 415, 2015



Exact Name of Registrant	Commission	I.R.S. Employer
as Specified in Its Charter	File Number	Identification No.
Hawaiian Electric Industries, Inc.	1-8503	99-0208097
Hawaiian Electric Company, Inc.	1-4955	99-0040500

State of Hawaii

(State or other jurisdiction of incorporation)

1001 Bishop Street, Suite 2900, Honolulu, Hawaii 96813 - Hawaiian Electric Industries, Inc. (HEI)

900 Richards Street, Honolulu, Hawaii 96813 - Hawaiian Electric Company, Inc. (Hawaiian Electric)

(Address of principal executive offices and zip code)

Registrant’s telephone number, including area code:

(808) 543-5662 - HEI

(808) 543-7771 - Hawaiian Electric

None

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


[ ]	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


[ ]	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


[ ]	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


[ ]	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 82.~~01.~~03 ~~Other~~Creation ~~Events~~of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

~~The~~Special ~~following~~Purpose isRevenue anBond update to the disclosures under “Review of PSIPs” in Note 4 of the Notes to Consolidated Financial Statements, which disclosures are incorporated herein by reference to pages 22 and 23 of HEI and Hawaiian Electric’s Form 10-Q for the quarterly period ended June 30, 2015.Refinancing

In ~~August~~June ~~2014~~2015, Hawaiian Electric, ~~Maui Electric~~ Company, Inc. ~~and~~(Hawaiian Electric), Hawaii Electric Light Company, Inc. (~~collectively,~~Hawaii ~~the~~Electric ~~Utilities~~Light) ~~filed~~and ~~Power~~Maui ~~Supply~~Electric ~~Improvement~~Company, ~~Plans~~Limited (~~PSIPs~~Maui Electric) in(collectively ~~response~~referred to as the Utilities) refiled a letter request with the Public Utilities Commission of the State of Hawaii (PUC) ~~orders~~to ~~issued~~refinance inthe ~~April~~outstanding ~~2014~~$47 million of 4.80% ~~The~~Refunding ~~PSIPs~~Series ~~each~~2005A ~~include~~special purpose revenue bonds (Refunding Series 2005A SPRBs) with new refunding special purpose revenue bonds (SPRBs) up to a ~~long-range~~total ~~plan~~of $47 million (up to ~~transform~~$40 million ~~how~~for ~~electric~~Hawaiian ~~utility~~Electric, ~~services~~up ~~will~~to be$5 million ~~offered~~for Hawaii Electric Light and up to ~~meet~~$2 million ~~customer~~for ~~needs~~Maui Electric). On August 10, 2015, the PUC granted the approvals necessary to permit the Utilities to participate with the Department of Budget and ~~produce~~Finance ~~higher~~of ~~levels~~the State of ~~renewable~~Hawaii ~~energy~~(Department) in one or more issuances and sale of new refunding SPRBs during 2015 to refinance the Refunding Series 2005A SPRBs.

On ~~November~~December 415, 2015, the ~~PUC~~Department issued, anat ~~order~~par, inRefunding ~~the~~Series ~~proceeding~~2015 toSPRBs ~~review~~in the ~~PSIPs~~aggregate ~~filed. The~~principal ~~order~~amount ~~provided~~of ~~observations~~$47 ~~and~~million ~~concerns~~with ona ~~the~~maturity ~~PSIPs~~of ~~submitted~~January ~~and~~1, ~~requires~~2025 ~~the Utilities to review~~ and ~~submit~~ a ~~Proposed~~fixed ~~Revision~~coupon ~~Plan~~interest byrate ~~November~~of 3.25,% ~~2015. The~~and ~~PUC~~loaned ~~ordered~~ the ~~Proposed~~proceeds ~~Revision Plan~~ to ~~include~~Hawaiian aElectric ~~schedule~~($40 ~~and~~million), aHawaii ~~work~~Electric ~~plan~~Light to($5 ~~supplement,~~million) ~~amend~~ and ~~update~~Maui ~~the~~Electric ~~PSIPs in order to address the PUC’s observations and concerns~~($2 million). ~~The~~Proceeds ~~Proposed~~from ~~Revision~~the ~~Plan~~sale ~~would~~will ~~need~~be toapplied, ~~include~~together anwith ~~Interim~~other ~~PSIP~~funds ~~Update~~provided ~~filing~~ by ~~February~~the 15Utilities, ~~2016~~to ~~and~~redeem ~~updated~~at ~~PSIPs~~par ~~by April 1, 2016. The parties and participants will file comments~~ on ~~the~~December ~~Utilities Proposed Revision Plan by January 15~~30, ~~2016~~2015, ~~after which~~ the ~~PUC~~Refunding ~~will~~Series ~~provide~~2005A ~~further~~SPRBs ~~guidance~~(which ~~regarding~~has ~~the~~an ~~substance~~original ~~and~~maturity ~~course~~ of ~~the~~January ~~proceeding~~1, 2025).

HEI and Hawaiian Electric intend to continue to use HEI's website, www.hei.com, as a means of disclosing additional information. Such disclosures will be included on HEI's website in the Investor Relations section. Accordingly, investors should routinely monitor such portions of HEI's website, in addition to following HEI's, Hawaiian Electric's and American Savings Bank, F.S.B.'s (ASB's) press releases, SEC filings and public conference calls and webcasts. The information on HEI’s website is not incorporated by reference in this document or in HEI’s or Hawaiian Electric’s SEC filings unless, and except to the extent, specifically incorporated by reference. Investors may also wish to refer to the PUC website at dms.puc.hawaii.gov/dms ~~(Docket No. 2014-0183 for PSIP proceeding)~~ in order to review documents filed with and issued by the PUC. No information on the PUC website is incorporated by reference in this document or in HEI’s and Hawaiian Electric’s other SEC filings.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrants have duly caused this report to be signed on their behalf by the undersigned thereunto duly authorized. The signature of the undersigned companies shall be deemed to relate only to matters having reference to such companies and any subsidiaries thereof.

HAWAIIAN ELECTRIC INDUSTRIES, INC.	HAWAIIAN ELECTRIC COMPANY, INC.
(Registrant)	(Registrant)
/s/ James A. Ajello	/s/ Tayne S. Y. Sekimura
James A. Ajello	Tayne S. Y. Sekimura
Executive Vice President and	Senior Vice President and
Chief Financial Officer	Chief Financial Officer
Date: November 9, 2015	Date: November 9, 2015
Date: December 15, 2015	Date: December 15, 2015

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