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 announced. CLP announced three weeks ago that the price increase is inevitable. Yesterday, it took the lead in announcing that regarding 200 million yuan will be allocated through the community energy conservation fund in the coming year, and a number of community support programs will be launched, of which 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 expenses, and another RMB 100 million to promote energy conservation, assist subdivided housing households to install electricity meters, and repair and check household electrical installations for the elderly. CLP pointed out that no longer launching the consumption voucher program is the most suitable solution for social needs, and will help industrial and commercial customers save energy through other programs.
The 100 million yuan fuel fee plan provides 100,000 eligible families, including the elderly, low-income families and the disabled, with a one-off fuel fee subsidy of 600 yuan per household, and 50,000 subdivided housing households through social welfare agencies. 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. 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 the 1,000 yuan electricity subsidy plan for 50,000 households, which means that the amount of support will be doubled and the number of households benefited will be doubled. Regarding the CLP consumer voucher program, Chong Weiyin pointed out that 80% of the vouchers had been redeemed by the end of the campaign in June, and the design support plan will review the most suitable solutions for social needs on an annual basis.
Of the other 100 million yuan, CLP plans to allocate 5 million yuan to continue to support transitional housing residents and subdivided housing households in relaying wires to install independent electricity meters, and will allocate 20 million yuan to provide 2,000 yuan in subsidies for energy-saving electrical appliances to 10,000 transitional housing residents . New plans for carbon reduction and power safety in the coming year include allocating 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 regarding 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 institutions to study energy-saving operation methods for hospitals and data centers to improve energy efficiency.
CLP predicts that electricity tariffs will inevitably increase. Chong Weiyin reiterated that international fuel prices continue to soar. Taking Brent crude oil prices as an example, the price has risen by more than 60% from January 21 to September this year. During the same period, natural gas and media prices have also soared. Electricity bills in many major cities around the world are also rising. For example, Tokyo, Singapore, Berlin, etc., have seen electricity bills increase by more than 40% to 100% from the beginning of 2021 to September this year. Some circles predict that the two electricity prices will increase by more than 10% and 38% respectively.
Originally published on AM730 https://www.am730.com.hk/Local/Two electricity plus electricity fee revealed today – CLP supports 150,000 households with fuel costs of 600 to 800 yuan / 348956?utm_source=yahoorss&utm_medium=referral
