1. What will the 2018 tariff be?

  • From 1 January 2018, the Average Basic Tariff will be increased by 2.3 cents per unit to 94.5 cents per unit of electricity, while the Fuel Cost Adjustment will be increased by 1 cent to 22 cents.
  • With the offering of the Rent and Rates Special Rebate of 1.1 cents per unit, the Average Net Tariff will therefore become HK$1.154 per unit of electricity, equivalent to an adjustment of 1.9%.
  • We will continue to offer the Energy Saving Rebate Scheme to help customers with low consumption levels and to encourage energy conservation.
  • 2018 Tariff Table

Tariff Component

2017 Tariff

(cents per unit)

Change

(cents per unit)

2018 Tariff

(cents per unit)

Average Basic Tariff

92.2

+2.3

94.5

Fuel Cost Adjustment

21.0

+1.0

22.0

Rent and Rates Special Rebate

-

-1.1

-1.1

Average Net Tariff

113.2

+2.2

(+1.9%)

115.4

The tariff adjustment will take effect from 1 January 2018 under the existing Scheme of Control Agreement which will expire on 30 September 2018.

2. Why is the tariff for 2018 being adjusted?

  • We attach great importance to customers’ concerns about the tariff impact and have taken a prudent approach in cost management in order to keep our tariff at a reasonable level.
  • We lowered our tariff in 2016, froze the tariff in 2017, and we have returned a total of HK$2 billion in special fuel rebates to customers in 2015 and 2017.
  • In 2018, we are adjusting the average net tariff by a slight increment despite the pressure of continuing inflation and increasing fuel costs.

3. What is the Rent & Rates Special Rebate?

  • The Rent & Rates Special Rebate is a rebate paid back to customers in respect of CLP’s claim against government overcharging of our rent and rates in the past. We will follow the principle that all refunds will be returned to customers.
  • In 2012 and 2013, CLP Power had returned to customers the refund received from government in respect of the Rent and Rates appeal, via the Rent and Rates Special Rebates totalling $1.6 billion.
  • In 2018, we will make a similar rebate at 1.1 cents per unit according to the estimate of the potential further refund to be received from government in respect of the appeal.

4. What measures has CLP taken to help customers save energy?

  • We provide a variety of innovative services and public education programmes on energy efficiency and conservation to help customers save energy and reduce bills, and to encourage young people to lead a greener lifestyle.
  • For residential customers:
    • The Smart Energy Experience Centre in Yuen Long provides customers with a one-stop location for smart home and business solutions;
    • Customers can use the new CLP App to access Eco Power 360, an energy assessment tool to understand their consumption patterns and save energy;
    • The Eco Rewards scheme allows customers to enjoy exciting rewards by saving energy;
    • In 2018, we will continue to run the Power Your Love programme, the first initiative of its kind in the world to combine energy saving with a mission to care for the less fortunate in society;
    • The Eco Building Fund provides subsidies to enable residential building owners to carry out energy efficiency improvement works.
  • For business customers:
    • A new Smart Enterprise solution allows business customers to control and monitor energy performance anytime, anywhere, through a mobile app;
    • We offer a suite of energy saving solutions such as GREENPLUS Energy Billboard and Meter Online 3.0 to help business customers save energy and reduce operating costs;
    • We offer free energy audit services to business customers;
    • For SME customers, the Energy Saving Rewards programme provides the latest green services and equipment along with offers to explore new energy saving opportunities.
  • For public education on energy efficiency, we promote green lifestyles from an early stage and arrange a host of programmes aimed at students from kindergarten, primary and secondary schools to universities and colleges.

5. What has CLP done to help people in need?

  • We are committed to give help and care to underprivileged people in our community.
  • We will continue to offer the Energy Saving Rebate Scheme to help customers with low consumption levels and to encourage energy conservation.
  • We will continue to run Power Your Love programme in 2018. This is the first initiative of its kind in the world to combine energy saving with a mission to care for the less fortunate in society. In 2017, more than 410,000 customers registered for the programme and saved a total of 17 GWh of electricity, equivalent to the annual electricity consumption of 4,000 households. In return for the energy saved, CLP shareholders donated HK$6 million in 2017 to subsidise the electricity bills of 20,000 households in need.
  • Since 2011, we have partnered with local NGOs to run Hotmeal Canteens which provide nutritious hot meals at just HK$10 to low-income families, the unemployed and elderly people in need. By September 2017, more than 410,000 hot meals had been served up in the Sham Shui Po, Kwai Tsing and Kwun Tong districts.
  • CLP launched the Sharing the Festive Joy programme in 2014, inviting single elderly people and elderly couples to spend the festivities such as Tuen Ng Festival, Mid-Autumn Festival and Senior Citizen’s Day with CLP volunteers to showcase our care for the elderly and spread messages on energy efficiency and safety. More than 3,000 senior citizens have joined the festive meals to date.

Loading

Feedback
Close popup

Your Feedback

We appreciate your feedback which helps us to constantly improve our site. Please rate your experience.

Thank you!

System error. Please try again later.

Back To Top