According to the Legislative Council’s agenda, two electricity rate review meetings will be held today and details of the electricity rate increase are expected to be announced. CLP announced three weeks ago that price increases are inevitable. Yesterday, it took the lead in announcing that about 200 million yuan will be allocated through the Community Energy Savings Fund in the coming year, and that several energy saving support programs will be launched. community, of which 100 million yuan will be distributed to 150,000 basic households in a lump sum of RMB 600 to 800 yuan 100 million for fuel expenses and another RMB 100 million to promote energy saving, assist housing households divided by install electricity meters and repair and check home electrical systems for the elderly. CLP stressed that no longer launching the voucher program is 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 tax plan provides 100,000 eligible households, including the elderly, low-income families and the disabled, with a one-time fuel tax subsidy of 600 yuan per household and 50,000 households housing divided across social welfare agencies. 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. Chong Wai-yin, president of CLP Enterprise Development, said yesterday that this year’s plan will replace last year’s allocation of 50 million yuan and 1,000 yuan electricity subsidy plan for 50,000 households, which means that the amount of support will be doubled and the number of beneficiary families will be doubled. Regarding the CLP consumer voucher program, Chong Weiyin stressed that 80% of the vouchers had been redeemed by the end of the campaign in June, and the design support plan will look into the most suitable solutions for social needs on an annual.
Of the other 100 million yuan, CLP plans to allocate 5 million yuan to continue to support transitional housing residents and subdivided housing families in cable transmission for the installation of independent electricity meters, and will allocate 20 million yuan to provide 2,000 yuan in subsidies for energy-saving appliances to 10,000 residents in transitional housing. New plans for carbon reduction and energy security in the coming year include allocating 1.5 million yuan to hold a community carnival for energy saving and carbon reduction, and 1 million yuan to inspect and repair electrical systems for about 200 elderly families. For industrial and commercial customers, CLP will launch an energy-saving analysis plan, involving 5 million yuan, and cooperate with universities and research institutes to study energy-saving operation methods for hospitals and data centers to improve energy efficiency .
CLP predicts that electricity tariffs will inevitably rise. Chong Weiyin reiterated that international fuel prices continue to rise. Taking Brent crude oil prices as an example, the price increased by more than 60% from January 21 to September of this year. During the same period, natural gas and media prices also soared. Electricity bills in many major cities around the world are also increasing. For example, Tokyo, Singapore, Berlin, etc. have seen their electricity bills increase by more than 40% up to 100% from the start of 2021 to September this year. Some circles predict that the two electricity prices will rise by more than 10% and 38% respectively.
Originally released on AM730 https://www.am730.com.hk/Local/Due electricity plus electricity tariff revealed today – CLP supports 150,000 households with fuel costs of 600 to 800 yuan / 348956?utm_source=yahoorss&utm_medium=referral
