In general, registered residential electricity accounts are eligible for the subsidy.
All residential electricity accounts, including accounts with unused subsidy will be granted the subsidy.
The mode of collecting electricity charges varies in different service apartments. While electricity charges are covered by the rental for some service apartments, some tenants are required to pay the charges to the landlords (instead of CLP). As to whether the tenant of a service apartment is eligible for the subsidy, it will be subject to factors such as having a "separate electricity meter of CLP" installed in that apartment, holding a residential electricity account for the power supply, as well as the agreement between the tenant and the landlord.
The subsidy will be credited directly to the account of each registered residential customer. As to whether a tenant can receive and enjoy the subsidy, it will be subject to factors such as whether the premise has a registered meter of CLP, the tenant being a registered customer of CLP as well as the agreement between the tenant and the landlord, with which CLP is not in a right position to intervene.
The subsidy will reduce the amount of electricity charges demanded in the electricity bills. As to who will be enjoying the subsidy, this depends on the agreement between the tenant and the landlord.
In general, properties identified as new residential flats still owned by developers will not be granted the subsidy. However, the subsidy will cover other vacant flats due to the technical difficulty in identifying them.
The subsidy will be granted from July 2013 to June 2014. CLP will credit the subsidy of $150 to each registered residential electricity account on the first day of each month within the period.
On account close, the unused portion of the credited subsidy cannot be used further nor converted to cash. It will be voided.
No, the registered account holder as at the first of the month will be entitled to the full $150 credit.
The new account will be given the subsidy.
If the new account exists on the first day of the month, it will be credited the subsidy amount for the same month. If the account comes into existence on the second day or following days of the month, the account will be credited the subsidy from the next month. Accounts opened after the last credit day (i.e. 1 June 2014) will not be entitled to any credit.
All the subsidy including those provided from 2008 onwards will be valid until 30 June 2018 or the close of the account (whichever is the earlier).
No, only residential customers are eligible for government electricity subsidy.
No, the unused subsidy will be voided.
The $1800 subsidy is not paid in one go by the Government. A monthly subsidy of $150 will be 'credited' to each registered residential tariff electricity account on the first day of each month from July 2013 to June 2014. The Government will only pay CLP the exact used amount of the 'credited' subsidy on due day. As such, the subsidy yet to be credited cannot deduct the current outstanding electricity charges of customers.
The $1800 subsidy is not paid in one go by the Government. A monthly subsidy of $150 will be 'credited' to each registered residential tariff electricity account on the first day of each month from July 2013 to June 2014. The Government will only pay CLP the exact used amount of the 'credited subsidy on due day. As such, CLP will have no interest revenue incurred from the unused subsidy, and therefore we will not pay any interest to customers accordingly.
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