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[Energy Charge] HK Electric adds 5.2%, CLP adds 2.5%

2019-12-10T09:32:07.436Z


CLP and HK Electric will announce the review of next year's electricity tariffs in the Legislative Council this (10th) afternoon. CLP said that there will be no increase in the basic electricity price next year, but due to the increase in the use of natural gas, fuel costs will increase by 3 HK cents per kilowatt-hour, and the average net electricity rate will increase by 2.5%. Due to the adjustment of two “special rebates”, the actual adjustment is 5.2%, and the net electricity rate in 2020 is 126.4 cents per kWh. The two power companies have also introduced relief measures, including HEC's provision of a waiver period of 6 months at the beginning of next year to approximately 70,000 non-residential customers with low electricity consumption. It will also provide replacement for industrial and commercial customers including SMEs Or add 50% subsidy for energy-saving equipment, with a ceiling of HK $ 50,000 to 150,000 per household. CLP will subsidize SMEs ’net electricity price adjustments in the first six months of next year. It will also allocate HK $ 20 million to launch a four-month“ Eat and Drink, Eat and Eat ”food voucher program to support a total of 100,000 elderly people. , Tenants and low-income families go out to eat.


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Written by: Golden Chess Hu Jiaxin

2019-12-10 15:14

Last updated: 2019-12-10 17:23

CLP and HK Electric will announce the review of next year's electricity tariffs in the Legislative Council this (10th) afternoon. CLP said that there will be no increase in the basic electricity price next year, but due to the increase in the use of natural gas, fuel costs will increase by 3 HK cents per kilowatt-hour, and the average net electricity rate will increase by 2.5%. Due to the adjustment of two “special rebates”, the actual adjustment is 5.2%, and the net electricity rate in 2020 is 126.4 cents per kWh.

The two power companies have also introduced relief measures, including HEC's provision of a waiver period of 6 months at the beginning of next year to approximately 70,000 non-residential customers with low electricity consumption. It will also provide replacement for industrial and commercial customers including SMEs Or add 50% subsidy for energy-saving equipment, with a ceiling of HK $ 50,000 to 150,000 per household. CLP will subsidize SMEs ’net electricity price adjustments in the first six months of next year. It will also allocate HK $ 20 million to launch a four-month“ Eat and Drink, Eat and Eat ”food voucher program to support a total of 100,000 elderly people. , Tenants and low-income families go out to eat.

CLP President Jiang Dongqiang pointed out that 200 million yuan in relief measures would be introduced. (Photo by Hu Jiaxin)

CLP President Jiang Dongqiang expressed concern about the economic situation and challenges of society. CLP will allocate 200 million yuan in 2020 to provide relief measures for citizens, SMEs, disadvantaged groups, and poor students, etc., in order to reduce electricity costs and adjust for the citizens The pressure will be announced later in the Legislative Council meeting on the details of the electricity tariff adjustment plan.

Next year, the two power companies will also increase electricity charges. (Profile picture / Photo by Huang Baoying)

The government announced the launch of the electricity tariff relief plan last year. Each household can receive a subsidy of HK $ 50 per month. In addition, in August this year, the government introduced an electricity subsidy of HK $ 2,000 per household. In the first 11 months, each household can receive a subsidy of HK $ 160. It is estimated that in addition to the increase in electricity bills next year, electricity bills can be deducted.

CLP and HK Electric will announce the review of next year's electricity tariffs in the Legislative Council this (10th) afternoon. (Profile picture)

[Energy Charge] The two power companies announced on Tuesday that the fare increase scholars are expected to increase about 7% government subsidies or offset the increase

[Power-up fee] HK Electric will increase its price by about 5% in the coming year. A smaller subsidy of CLP's increase may offset some of the increase.

Chen Maobo Announces Nine Bailout Measures, Non-residential Hydroelectricity Fee Subsidy, Tax Instalment of 4 Billion

Government subsidized household electricity bills of 2,000 yuan as soon as January next year, 160 yuan per month

CLP HK Electric 01 Live 01 Video News Madman

Source: hk1

All news articles on 2019-12-10

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