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The fuel costs of the two power companies have soared. The electricity costs of users in October are 5-9% at the beginning of the year. Ring group: or continue to increase before the end of the year

2021-10-14T10:45:15.790Z


Everything is expensive, and electricity bills have been secretly "increased" in recent months. Although the two power companies announced the freezing of basic electricity prices last year, the actual reimbursement of fuel adjustment fees has risen sharply in recent months following the surge in international energy prices. CLP Fuel Adjustment Fee in October


Everything is expensive, and electricity bills have been secretly "increased" in recent months.

Although the two power companies announced the freezing of basic electricity prices last year, the actual reimbursement of fuel adjustment fees has risen sharply in recent months following the surge in international energy prices.

CLP’s October fuel adjustment fee was 34.1 sen, an increase of 21.4% from the beginning of the year. The HEC’s October fuel adjustment fee was 25.7 sen, an increase of 47.7% from the beginning of the year.

Based on a three-person household using 300 kilowatt-hours of electricity per month, the electricity bill for CLP users in October is estimated to be nearly 18 yuan more than that at the beginning of the year, and Hongkong Electric users pay nearly 25 yuan more.


Yu Yuancheng, chief executive of the World Green Organization, explained that natural gas is linked to international oil prices. As oil prices have "rised to the point" in recent months, local fuel charges will inevitably increase.

He predicted that fuel costs will continue to rise until the end of the year, and called on the two power companies to use the fuel account and the electricity tariff stabilization fund to alleviate the impact.


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HK Electric's electricity bill increases by 9%

According to the CLP announcement, the fuel adjustment fee per kilowatt-hour of electricity in October this year was 34.1 sen, an increase of 21.4% from the 28.1 sen from January to February this year.

The HEC’s fuel adjustment fee per kilowatt-hour of electricity in October was 25.7 sen, which was also an increase of 17.4 sen from January to February this year.

Although the HEC's fuel fee is lower than that of the CLP, the increase was 47.7%, far exceeding that of the CLP.

CLP 3-person family pays $18 or more per month, up 5%

Calculated by using 300 kilowatt-hours of electricity in a month, the electricity bill for CLP users at the beginning of the year was 358.7 yuan, but it has increased to 376.7 yuan for the month so far, an increase of 5%; the electricity bill for HEC users has increased from 275.25 yuan at the beginning of the year to the present month. Of 300.15 yuan, an increase of 9%.

The two power companies announced the freezing of basic electricity prices last year. Why are electricity tariffs still increasing?

In addition to the basic electricity price, the electricity fee also includes a fuel adjustment fee. The fuel adjustment fee is calculated based on the average of the actual fuel prices in the past three months, and it is actually reimbursed.

International resource grab and high international energy prices Yu Yuancheng: Only hard food

Yu Yuancheng pointed out that fuel prices fluctuate and fuel adjustment fees will inevitably rise: "There is no way, only hard food."

He explained that in recent months, international resource grabs and in the face of winter demand, oil prices, coal prices and natural gas prices have also soared, causing fuel adjustment fees to rise.

As fuel costs in October are calculated based on the average actual fuel prices from June to August, and energy prices continue to rise from September to October, it is estimated that there is a good chance that fuel costs in Hong Kong will continue to increase by the end of the year.

The Central Group promotes two electric electricity tariff stabilization funds to ease the impact of fuel fee increases on electricity tariffs

According to the interim report of the two power companies, as of June 30 this year, the balances of the CLP Electric Tariff Stabilization Fund and the Fuel Price Adjustment Clause Account were 2.35 billion yuan and 177 million yuan, respectively; while the HEC Electric Tariff Stabilization Fund had a balance of 1.258 billion yuan.

Yu Yuancheng believes that the two power companies can use related funds to alleviate the impact of fuel fee increases on the public.

Yu Yuancheng, Chief Executive Officer of the World Green Organization (Photo/Photo by Liang Pengwei)

Policy Address | Promoting "Net-Zero Power Generation" Huang Jinxing: Costs for carbon reduction are valuable materials to increase electricity charges Fines and electricity bills are manually doubled. CLP predicts that the energy transition will increase. The increase in electricity bills is described as "not surprising". Ring Group: Not too optimistic about electricity bill subsidies|Household households can receive 1,000 yuan in 12 installments starting next month, at least 80 yuan per month

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Source: hk1

All news articles on 2021-10-14

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