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Written by: Golden Chess
2019-12-10 13:51
Last updated: 2019-12-10 16:20Electricity tariffs will be increased next year. CLP and HK Electric will announce the review of next year's electricity tariffs in the Legislative Council this (10th) afternoon. It is reported that the increase of HEC is about 5%, and the increase of CLP is lower than that of HEC. However, taking into account the government ’s last year ’s HK $ 50 per month electricity tariff relief plan, coupled with the government ’s August launch of a monthly electricity subsidy of HK $ 160 per household, subsidies for some users can offset the increase in electricity bills next year.
[Power Charge] News: HK Electric will increase 5.2% next year, CLP will increase 2.5%
It is understood that the electricity tariff increase of CLP and HK Electric will be less than the five-year development plan forecast, that is, CLP is less than 5.9%, and HK Electric is less than 8.9%.
At the meeting of the Legislative Council Panel on Economic Development today, the two power companies announced the results of their annual electricity tariff review next year. It is reported that due to the increase in the use of natural gas by the two power companies in the future, it is expected that natural gas consumption will account for half of the fuel mix next year. With the increase in fuel costs, the overall electricity costs will also increase.
Further reading: Scholars expect that HEC may increase the price by 7%, which greatly reduces the increase
[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
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Chen Maobo Announces Nine Bailout Measures, Non-residential Hydroelectricity Fee Subsidy, Tax Instalment of 4 Billion
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