NAVFAC Hawaii purchases electricity from HECO which has experienced dramatic fuel cost increases since 2010. This has resulted in significant losses for NAVFAC Hawaii from FY2011-FY2013 totaling $199.2M. NAVFAC Hawaii's electricity rates are set to recover these losses, with FY2013 rates recovering FY2011-2012 losses and FY2014 rates set to recover the remaining FY2013 losses. The proposed FY2014 rates represent an estimated 123% increase over FY2013 rates for DoD, non-DoD federal, and private customers. NAVFAC Hawaii is awaiting final approval of its FY2014 billing rates from the DoN budget process to be issued in March