HK households to see modest relief in electricity bills next month

發佈日期: 2025-08-25 21:21
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Hong Kong's two power companies will lower their fuel clause charge next month.

HK Electric's net electricity tariff per unit will go down by 6.7 percent compared with January, while that of CLP Power will drop by 2.4 percent.

Currently, Hong Kong's electricity tariff comprises two parts: the basic tariff and a variable fuel clause charge. 

The basic tariff rate is reviewed annually while the fuel clause charge is adjusted monthly.

Next month, both HK Electric and CLP Power are poised to cut the fuel adjustment fees, giving modest relief to Hong Kong households in utility bills.

HK Electric, which serves mainly Hong Kong Island and Lamma Island, announced that the fuel clause charge next month will be lowered to 32.9 cents per kWh, marking a 25 percent drop year-to-date. 

As for CLP, which serves mainly Kowloon and the New Territories, the power firm will lower its charge to 42.9 cents per kWh with a slight decrease of 7.3 percent compared with January.

Taking both the basic tariff and fuel clause charge into account, HK Electric's average net electricity tariff will drop to around 1 dollar 60 per unit on average -- a cut of 6.7 percent year-to-date. 

CLP's average net electricity tariff per kWh will be trimmed to 1 dollar 40 cents in September, down 2.4 percent.

William Yu, CEO of the World Green Organisation, attributed the charge reduction to falling global fuel prices. But he notes that geopolitics and regional conflicts could disrupt shipping routes and push energy prices back up.

Yu adds that ensuring long-term stability in electricity prices would require diversified energy procurement strategies.

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