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Power increase fee|Two power companies will increase 5.8%-7% next year. Fuel adjustment fee will be the first to increase by up to 70% this year

2021-11-09T09:14:23.967Z


Global energy prices have soared. CLP and Hongkong Electric announced that their electricity bills will increase by 5.8% and 7% respectively next year. In recent years, Hong Kong has adjusted its power generation energy structure, gradually reducing the proportion of coal-fired power generation and increasing the proportion of natural gas.


Global energy prices have soared. CLP and Hongkong Electric announced that their electricity bills will increase by 5.8% and 7% respectively next year.

In recent years, Hong Kong has adjusted the energy structure of power generation, gradually reduced the proportion of coal-fired power generation and increased the proportion of natural gas. However, this year's international natural gas prices have soared. Although the two power companies have frozen electricity charges this year, the fuel adjustment fee has been the first to increase by about 30 to 70%. Look at the increase in electricity and fuel costs and the trend of energy prices in recent years.


At present, the net electricity fee paid by the public per instalment is divided into two parts: the basic electricity fee and the fuel adjustment fee. The basic electricity fee is maintained at the 2020 level due to the two power companies' decision to freeze the price increase, and the fuel adjustment fee is adjusted monthly in response to the international fuel price .

International energy prices have soared this year. CLP’s fuel adjustment fee rose from 28.1 sen per kilowatt-hour of electricity in January this year to 35.4 sen, an increase of 26%, and the HEC also rose from 17.4 sen per kilowatt-hour to 29.5 sen, an increase of nearly 70%.

Based on the monthly electricity consumption of 275 kWh in an ordinary three-person household, an additional fuel adjustment fee of 20.1 and 33.3 yuan is required to be paid to CLP and Hongkong Electric respectively.

According to CLP and HEC’s earlier forecasts, the net electricity bill will reach 1.37 and 1.45 yuan respectively in 2022. Based on this calculation, the monthly electricity bill for a three-person household will be increased to 376.8 yuan and 398.8 yuan (add 41.3 yuan and 52.3 yuan respectively). That is, CLP and HEC have increased their prices by 12% and 14.4% respectively from this year.

A review of the electricity tariff trend in recent years also shows that the net electricity tariff of HK Electric is generally higher than that of the CLP. In some years, in response to the government's refund of the overcharged company's rent and rates, it provided customers with rebates and reduced electricity tariffs.

However, in response to the sharp increase in energy costs this year, the Group estimates that even though the basic electricity tariffs of the two power companies will not increase much, they will eventually increase due to fuel adjustment fees.

In fact, in order to reduce the carbon emission of power generation, Hong Kong is gradually increasing the proportion of natural gas and non-fossil fuel power generation from coal-fired power generation in the past.

According to data from the Environment Bureau, natural gas power generation accounts for about 48% of the fuel mix for power generation in 2020, coal power generation accounts for about 24%, and about 28% is imported from the mainland for nuclear power and local renewable energy.

Last year, Hong Kong's natural gas and petroleum gas imports soared by nearly half.

However, this year, the global demand for natural gas has surged and the supply is unstable, which has caused the price of natural gas to soar.

The Mainland is the main source of natural gas in Hong Kong. The National LNG ex-factory price index of the Shanghai Petroleum and Natural Gas Trading Center has recently risen to more than RMB 7,000 per ton, which is nearly double that of approximately RMB 3,700 per ton at the beginning of June. Certainly affect.

As for international natural gas prices, data from the World Bank show that in October this year, natural gas prices in the United States and Europe rose by more than one and five times year-on-year, respectively. As Europe and the United States enter the winter, natural gas supply may tighten further, affecting prices.

Shopping Cart Index | Two consecutive weeks of rising, but the price of anti-epidemic supplies has fallen sharply. Check the price trend of supermarket goods. The price of various dishes has risen by an average of 40%. Some dishes are more expensive than pork. The reason will continue to be expensive. The Observatory expects it may be colder this winter!

That is to say, the frozen ingredients of Lidong will enter the record. The top ten inventory of fresh meat and fish prices. The wholesale price of two meats plummeted by up to 20%. The retail price dropped only slightly. The shopping cart index. The latest trend in the prices of goods in supermarkets, prices have soared!

Brazil stopped exports to the United States and reduced the price of chilled beef. The price of frozen chicken wings continued to rise. The supply of frozen chicken wings this year was unstable. The supply of frozen chicken products fell by 95%!

Source: hk1

All news articles on 2021-11-09

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