According to the agenda of the Legislative Council, there are two electricity tariff review meetings today, and the details of the electricity tariff increase are expected to be published. CLP announced three weeks ago that the price increase was inevitable. Yesterday, it took the lead in announcing that approximately 200 million yuan will be allocated through the community energy conservation fund in the coming year, and there will be a number of community support programs are launched, that 100 million yuan will be distributed to 150,000 grassroots families in a lump sum of 600 to 800 yuan. RMB 100 million for fuel costs, and another RMB 100 million to promote energy conservation, assist subdivision housing households to install electricity meters, and repair and check home electrical installations for the elderly. CLP pointed out that launching the consumption voucher program is no longer the most suitable solution for social needs, and will help industrial and commercial customers to save energy through other programmes.
The 100 million yuan fuel fee scheme provides 100,000 eligible families, including the elderly, low-income families and the disabled, with a one-time fuel fee subsidy of 600 yuan per household, and 50,000 housing households have distributed through social welfare agencies to each household. will provide the same subsidy of 800 yuan, and the application details will be announced next year. A total of 150,000 families are expected to benefit. CLP Enterprise Development President Chong Wai-yin said yesterday that this year’s plan will replace last year’s allocation of 50 million yuan and the 1,000 yuan electricity subsidy plan for 50,000 households, which means the amount of support is doubled and the number of households that benefit will be doubled. Regarding the CLP consumer voucher program, Chong Weiyin noted that 80% of the vouchers had been redeemed by the end of the campaign in June, and the design support scheme will review the most suitable solutions for social needs annually.
Of the remaining 100 million yuan, CLP intends to allocate 5 million yuan to continue supporting transitional housing residents and subdivision housing households in transferring wires to install independent electricity meters, and will allocate 20 million yuan to provide 2,000 yuan in subsidies on for saving energy. electrical equipment for 10,000 residents of transitional housing. New plans for carbon reduction and power security in the coming year include the allocation of 1.5 million yuan to organize a community carnival for energy conservation and carbon reduction, and 1 million yuan to inspect and repair electrical installations for about 200 elderly families . For industrial and commercial customers, CLP will launch an energy-saving analysis plan, which includes 5 million yuan, and cooperate with universities and research institutions to study energy-saving implementation methods for hospitals and data centers to improve energy efficiency.
CLP predicts that electricity tariffs will inevitably increase. Chong Weiyin added that international fuel prices continue to rise. Taking Brent crude oil prices as an example, the price has risen by more than 60% between January 21 and September this year .During the same period, natural gas and media prices have also skyrocketed. Electricity bills in many major cities around the world are also rising. For example, Tokyo, Singapore, Berlin, etc., have seen electricity bills increasing by more than 40% to 100% from the beginning of 2021 to September this year. Some circles predict that both electricity prices will increase by more than 10% and 38% respectively.
The original article was published on AM730 https://www.am730.com.hk/Local/Two Electricity Plus Electricity Fee Revealed Today – CLP Supports 150,000 Households With Fuel Costs RMB 600-800 / 348956?utm_source=yahorss&utm_mediumrefer
