Consumers' needs ignored
WE pay far too much for electricity in Hong Kong.
The Scheme of Control for the two monopoly suppliers of electricity is too generous to the companies and does not take into account the needs of consumers.
Britain has broken up the old monopolies and has brought the cost of electricity down.
In all Europe only Sweden with its very low-cost hydro-power has lower electricity prices than Britain. The cost per kwh (kilowatt-hour) in Britain averages out at about 54 HK cents. On my last electricity bill the cost per kwh was 78 cents. Yet we have in Hong Kong some of the largest and most efficient power generating units in the world.
Also my bill has gone up by 36 per cent per unit in the last five years yet coal and oil costs have gone down.
Has the Government really looked after the interests of the consumers or has it looked after the interests of the electricity monopolists? W.A.T. CRAWLEY New Territories