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  • April 18, 2014
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  1. Hongkong Electric to increase bills by 2pc

    Posted Mar 23rd 2004, 12:00am by Carrie Chan, Denise Tsang

    ... in public utility charges since 1998, is being imposed by Hongkong Electric to offset rising fuel costs. From April 1, Hongkong Electric will cut its fuel rebate to consumers- the fuel clause rebate on consumer bills- by 2 cents per kilowatt hour. This is equivalent to a 2 per cent rise in average net tariffs to $1.03 per kWh. Hongkong Electric said 70 per cent of the islands' residential ...

  2. Power prices will be tied to CPI when profit scheme ends: report

    Posted Oct 30th 2004, 12:00am by Alex Lo

    ... Alex Lo But Hongkong Electric says existing system serves city well One of Hong Kong's two major power suppliers last night defended the two-decade-old scheme of control after a report said the government planned to scrap the system and tie power tariffs to the consumer price index. Hongkong Electric said the scheme of control, which allows profits of up to 13.5 per cent ...

  3. Vertex is not ready to supply electricity

    Posted Aug 03rd 2005, 12:00am by Denise Tsang

    ... under the spotlight in April when it floated an ambitious but sketchy plan to challenge Hong Kong's century-old electricity duopoly, CLP Holdings and Hongkong Electric Holdings. ... commercial clients during its start-up stage and eventually extend its supply to Hongkong Electric's core service area, Hong Kong island. CLSA said Vertex was confident about the financial ...

  4. HK Electric hits permitted return as interim earnings climb to HK$4.8b

    Posted Mar 07th 2008, 12:00am by Staff Reporter

    ... Neil Gough Hongkong Electric Holdings managed last year to achieve its government-permitted return for the first time in five years - and possibly for the final time. The power supplier ... is unlikely to continue to reap the same windfalls in the future. The existing scheme of control agreement that allows duopoly power providers Hongkong Electric and CLP Holdings to earn a return of up ...

  5. HK Electric warns curbs put supply at risk

    Posted Feb 21st 2006, 12:00am by Denise Tsang

    ... Denise Tsang Utility says lower returns and pollution penalties will discourage investment Power utility Hongkong Electric Holdings says government plans to cut its future permitted ... regretted that Hongkong Electric 'got tense' as the government did not consult both companies ahead of releasing the consultation document. 'We are frustrated at the proposals ...

  6. HK Electric issues counter-proposal

    Posted Apr 04th 2006, 12:00am by Denise Tsang

    ... Denise Tsang Power supplier Hongkong Electric Holdings has dismissed the government's key proposals to reform the scheme of control regulatory regime, instead submitting a 230-page ... 'The proposed reductions in the term and rate of return introduce an unacceptable level of regulatory risk and are likely to disincentivise investment,' Hongkong Electric managing director ...

  7. Power surge for lawmakers urged in electricity row

    Posted Jan 07th 2012, 12:00am

    ... tariff increases. He said the tariff rises of the two power firms, CLP Power and Hongkong Electric, had not been fully justified or backed up with sufficient information. 'Without more ... CLP and Hongkong Electric have implemented tariff rises of 4.7 per cent and 6.3 per cent respectively for this year, after slight adjustments. CLP's original proposal to raise charges ...

  8. Comment - Letters

    Hongkongers used to live comfortably without air cons

    Posted Sep 09th 2012, 12:00am by LETTERS

    ... City's obsession with freezing air cons is relatively recent Electric fans started to replace punkahs in Hong Kong as early as the late 1890s. When my Chinese friend arrived in 1917, so he told me, punkahs could still be seen in offices, schools, barbers' shops and in Saint John's Cathedral. Electric fans were expensive and cloth, stretched over a large, ...

  9. Go-ahead for HK Electric's Ap Lei Chau hotel plan

    Posted Nov 09th 2004, 12:00am by Denise Tsang

    ... Denise Tsang The government has finally given the green light for Hongkong Electric Holdings' plan for a hotel in Ap Lei Chau, putting an end to a four-year controversy over land use ... station. A Hongkong Electric spokeswoman declined to reveal any details of the project, saying it was still in an early stage. According to the company's submission to the planning board, ...

  10. Electric car charging bay opens at The Peak

    Posted Dec 31st 2009, 12:00am by Staff Reporter

    ... Cheung Chi-fai The first electric car charging station on Hong Kong Island is open at the Peak Galleria car park. Hongkong Electric says only one bay is equipped, but it will supply electricity free while drivers familiarise themselves with it. Six more stations, at Citiplaza, Pacific Place, Star Ferry in Central, Oi Tung Estate in Shau Kei Wan, Cyberport and Tin Hau, ...




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