Advertisement

Fund keeps CLP rates low

Reading Time:1 minute
Why you can trust SCMP

CHINA Light and Power's tariff is still 43 per cent below that of 1983, allowing for inflation, says general manager Mark Rhys.

Advertisement

He said CLP had been able to maintain a stable tariff due to its development fund, with 85 per cent of the existing balance coming from unexpectedly high volumes of electricity sales to China.

Advertisement