Thursday, December 1, 2022

Brace yourselves for electrical energy invoice surges

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Eunice Lam

Individuals ought to brace themselves for heftier electrical payments nex yr – over 10 p.c from CLP Energy and greater than 30 p.c from HK Electrical – amid an vitality disaster brought on by the Russia-Ukraine conflict, a inexperienced group chief warned.

The facility pair will transfer on elevating costs at a gathering in the present day of the Legislative Council’s panel on environmental affairs.

This month has seen CLP’s common web tariff fee rise to 14.5 HK cents per unit, which is 13 p.c larger than at first of this yr, whereas HK Electrical’s has gone up by 38 p.c to 18.6 HK cents per unit.

For a three-member family utilizing 275 models of electrical energy each month November’s invoice will likely be round HK$390 for CLP and HK$417 for HKE, up by HK$45 and HK$142 over payments for a similar vitality utilization early this yr.

CLP chief company growth officer Quince Chong Wai-yan stated yesterday a hike was inevitable.

”The worldwide gas costs fluctuate drastically, [and with] the Russia-Ukraine battle vitality provide has been tightening all over the world,” she stated. “In the meantime, gas prices have been surging.”

William Yu Yuen-ping, chief government of the World Inexperienced Group, stated tariffs will enhance additional with international locations exporting much less petroleum and amid the Russian-Ukraine conflict.

He instructed the SAR ban energy-wasting acts by laws or encourage folks to devour much less vitality by offering incentives fairly than subsidizing payments.

Residents stated they’d no alternative however to just accept will increase, with one lady remarking: “We now have to make use of electrical energy even when we harm simply wanting on the invoice.”

The proprietor of a lighting store in Wan Chai stated his invoice has been amounting to about HK$10,000 each month – 10 p.c up on final yr – so “we’ll solely activate the lights when there are clients.”

Nonetheless, some 150,000 underprivileged households can click on for a one-time gas price subsidy of not less than HK$600, with CLP saying yesterday it would allocate HK$200 million to help the neighborhood.

The agency will put HK$100 million into a brand new CLP gas price subsidy program subsequent yr to supply the subsidy to some 100,000 needy households and HK$800 to 50,000 tenants of sub-divided flats.

”We perceive [the tariff hike] might add burdens to grassroots households,” Chong stated.

Some HK$5 million may also be put aside for wiring work concerned within the set up of particular person electrical energy meters of tenants of sub-divided models.

A subsidy of HK$2,000 may also go to 10,000 households in transitional housing for getting energy-efficient electrical home equipment to cut back their residing prices.

CLP additionally helps kids from much less well-off households with HK$6 million for tablets and information SIM playing cards for round 1,600 college students.

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