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Written by: Lao Minyi
2020-11-11 11:16
Last update date: 2020-11-11 11:16
The two power companies announced yesterday (10th) that they would freeze their net electricity bills for next year, but only reduced fuel costs to offset the increase in basic electricity bills. If global fuel prices rise sharply, electricity bills may still be pushed up.
Some catering industry said on radio programs that it is a good thing to freeze electricity bills. Because the government has relaxed social distancing measures, more than 90% of business has resumed in the heyday of the morning and afternoon market, and wedding banquets have been held one after another. Therefore, the freezing of electricity costs can relieve business pressure.
Youhuan Group calls on the two power companies to freeze their electricity tariffs in 2022, and hopes that future research assets will be accounted for in stages to reduce the pressure on price increases.
Yu Yuancheng hopes that the future research assets of the two power companies will be booked in stages to reduce the pressure on price increases.
(Profile picture / Photo by Liang Pengwei)
Yu Yuancheng, chief executive of the World Green Organization, analyzed that the increase in basic electricity bills was mainly due to the increase in net assets due to the investment in new units and offshore LNG stations, and the decline in electricity demand. In the future, the two power companies may meet the permitted profit percentage. Adjustment; the only offset increase is fuel costs. It is expected that the outlook for the economic environment is uncertain and oil prices will not rise sharply.
With the increase in asset value, I hope that the two power companies can be accounted for in stages to reduce the pressure of price increases. I also called on the two power companies to strive for a freeze on electricity charges in 2022.
As for whether the two power companies can reduce their investment due to the decline in application power?
Yu Yuancheng believes that the unit investment is based on ten years. The investment period is long and the service is used for many years. It is difficult to change due to the special circumstances of one or two years.
He also pointed out that Hong Kong originally used coal to generate electricity, but in the face of the threat of global warming, to strengthen carbon reduction, the two power companies must increase the proportion of more expensive natural gas in order to comply with the global trend.
Yang Weixing thinks freezing electricity bills is a good thing.
(Information Picture / Photo by Lu Yiming)
Yang Weixing, president of the Hong Kong Catering Management Association, said that electricity bills account for about 6% of its average turnover. Because restaurants are sealed and air-conditioning accounts for the largest proportion, and the epidemic has brought a big blow to the catering industry, freezing electricity bills is a good thing.
He also pointed out that since the government relaxed the six-person restaurant and the maximum seating capacity was increased to 75% of the capacity, more than 90% of the diners in the breakfast and lunch market had recovered from their heyday, while the dinner market was due to business such as 100-day banquets and birthday meals. Greatly reduced, only recovering 6 or 70%.
However, he said that many newlyweds accept the new normal of wedding banquets. Even if there is a limit on the number of people per table, they will still set up wine as scheduled and hold 40-50 banquets.
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