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[Power Charge] Next year, HK Electric will increase 5.2%, CLP plus 2.5%

2019-12-10T11:08:13.216Z


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 kilowatt-hour. The two power companies have also introduced relief measures, including the HEC's exemption of about sixty thousand low-power non-residential customers at the beginning of next year and six months of exemption. It will also provide replacement for industrial and commercial customers including SMEs. Or add 50% subsidy for energy-saving equipment, with a ceiling of 50,000 to 150,000 Hong Kong dollars per household. CLP will subsidize SMEs ’net electricity price adjustments for the first six months of next year. It will also allocate 20 million yuan to launch a four-month" Drink Together, Eat Together "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 18:56

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 kilowatt-hour.

The two power companies have also introduced relief measures, including the HEC's exemption of about sixty thousand low-power non-residential customers at the beginning of next year and six months of exemption. It will also provide replacement for industrial and commercial customers including SMEs. Or add 50% subsidy for energy-saving equipment, with a ceiling of 50,000 to 150,000 Hong Kong dollars per household. CLP will subsidize SMEs ’net electricity price adjustments for the first six months of next year. It will also allocate 20 million yuan to launch a four-month" Drink Together, Eat Together "food voucher program to support a total of 100,000 elderly people. , Tenants and low-income families go out to eat.

Jiang Dongqiang, president of CLP Power, pointed out that 200 million yuan of relief measures will be introduced. (Photo by Luo Junhao)

CLP Net Electricity Charge 121.8 sen

CLP said that the basic electricity price was slightly increased by 1.2 HK cents, but a “ground rent and special rates rebate” would be issued to all customers throughout the year. After offsetting the two, the net basic electricity price paid by the public could remain unchanged. However, since natural gas has increased substantially to about 50% in the fuel mix from next year, the adjusted average net electricity price for next year is 121.8 HK cents per kWh, an increase of about 2.5%.

Take a CLP household customer who consumes 275 kWh of electricity per month as an example. In December 2019, the household ’s electricity bill was HK $ 315.74. After deducting the government ’s electricity bill relief plan of HK $ 50 per household last year, the electricity bill payable was 265.74. Hong Kong dollars. In 2020, the household's electricity bill will be HK $ 325.64, an increase of nearly HK $ 10 from this year's electricity bill; after deducting the HK $ 50 electricity bill relief plan and HK $ 160 monthly subsidy, the household will need to pay HK $ 115.64 electricity bill.

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. pressure.

According to Yin Zhitian, the managing director of HEC, in order to support the government's policy of reducing carbon emissions and reducing carbon emissions, HEC will need to significantly increase natural gas power generation in the next few years, so capital expenditures and fuel costs will also increase accordingly. (Photo by Luo Junhao)

HK Electric Net Electricity Charge 126.4 sen

HK Electric pointed out that the basic electricity fee will increase by 0.7 cents per kWh next year, plus a small amount of the balance of "ground rent and special rates rebate" and "special fuel rebate" will be distributed. The "special fuel rebate" will stop next year. Issue. After adjustment, next year's net electricity tariff will be 126.4 cents per kWh, an increase of 5.2%. Hongkong Electric expects that almost all customers' electricity bills next year will be lower than this year. More than 30% of residential customers will calculate on average that they will not have to pay electricity bills.

Take a Hongkong Electric household user who consumes 275 kWh of electricity per month as an example. In 2019, the household's electricity bill was HK $ 233.2. After deducting the government's electricity fee relief plan of HK $ 50 per household last year, the electricity bill payable was HK $ 183.2. In 2020, the household's electricity bill was HK $ 250.6. However, as the government introduced a subsidy of HK $ 2,000 per household in August, each household will receive a subsidy of HK $ 160 per month for the first 11 months. The household only needs to pay HK $ 40.6.

The HEC will exempt approximately 70,000 low-volume non-residential customers from the increase in electricity bills for the first six months of next year. Non-residential customers will receive 50% discount on energy-saving equipment purchases. Depending on the actual equipment requirements, the ceiling is HK $ 50,000 to 150,000. In addition, HEC also introduced relief measures specifically designed for SME restaurants, including invitations from eligible merchants to apply for a two-month delay in paying December and January electricity bills.

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

Huang Jinxing: Under the government bailout measures, residential electricity bills are basically not negatively affected

The Secretary for the Environment, Mr Wong Kam Sing, said that environmental protection and improvement of air quality are the general trend, and that reasonable electricity prices are related to energy use. He pointed out that under the government's electricity tariff relief plan, the adjustment of residential electricity tariffs will basically not be negatively affected. He also said that in order to take care of the situation of SMEs, the government also specifically requested the two power companies to conceive measures to support SMEs, and the current non-residential users' electricity tariff adjustment has also been greatly eased. When asked if it is appropriate to increase public electricity subsidies for electricity, Huang responded that last year related issues had been discussed earlier. He believed that promoting environmental protection was the main consideration of subsidies, and now it was the key time for environmental protection. I believed that supporting public funds was the appropriate approach.

Huang Jinxing also expressed the hope that the Finance Committee could approve the relevant funding application as soon as possible. As for the institutionalists recently criticizing Huang for attending the event with "big ghosts" at a difficult time in society, Huang said that on the one hand, the Secretary-General faced the social situation on the one hand, and on the other hand, he performed his duties and continued to promote related fields. I also like to see him continue to promote environmental protection and improve air quality.

The Secretary for the Environment, Mr Wong Kam Sing, said that environmental protection and improvement of air quality are the general trend, and that reasonable electricity prices are related to energy use. (Photo by Luo Junhao)

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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