Find out how the latest Fuel Cost Adjustment affects your electricity bill.
The Fuel Cost Adjustment (FCA) may increase or decrease your bill. It is based on the difference between forecasted fuel prices and actual fuel prices (oil, gas and coal). The Fuel Cost Adjustment is updated every month to reflect the latest fuel price changes.
Fuel Cost Adjustment from 1 October 2023 is 52.2 cents per unit.
Monthly Fuel Cost Adjustment in 2023
Year 2023
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
FCA
(cents/
unit)
62.0
62.0
62.8
63.5*
63.7*
62.2
59.8
57.1
54.5
52.2
Note:
* From April to June, CLP Power provides Special Fuel Rebate to all our customers to cap the Fuel Cost Adjustment at 62.8 cents per unit of electricity.
Based on the latest Tariff Review, the annual fuel cost adjustment is 62.0 cents per unit. In October 2023, the monthly adjustment is -9.8 cents per unit. Thus, the Fuel Cost Adjustment is 52.2 cents per unit.
You may refer to the last column of the table below for calculation of the monthly adjustment.
Fuel
Projected fuel cost per unit* (cents/unit)
Change in fuel cost per unit sold due to fuel price change (cents/unit)
Coal
18.9
-5.3
Gas
42.5
-4.5
Oil
1.0
-0.1
Monthly adjustment in October 2023
-9.8
Note:
The projected fuel cost per unit* of electricity is based on projections made in the Tariff Review.
The monthly adjustment may not be the exact sum of the last column's figures due to rounding.
The price of nuclear electricity is independent of fuel market movement and therefore no cost adjustment is required.
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