CLP Group (its holding company is CLP Holdings Ltd) is an electricity company in Hong Kong with businesses in a number of Asian markets and Australia. Incorporated in 1901 as China Light & Power Company Syndicate, its core business remains electricity generation, transmission, and retailing.
With customers of city’s two energy companies having to pay more in these hard post-Covid times, government assistance is required.
Inadequacies of current tariff adjustment mechanism are exposed by surge in prices from city’s two electricity providers.
Report into city cable bridge blaze that plunged thousand of homes, businesses and public facilities into darkness leaves many questions still to be answered.
With increases of up to 7 per cent, more vigorous government monitoring of companies and relief measures for those weighed down by rises are expected.
‘I have suggested to HK Electric that they have to give back their reward to residents in case they have got one,’ city’s environmental minister says.
Staff at Cyberport switching station connected a backup cable last used a decade ago by mistake.
Subsidy for offsetting billed electricity charges will be rolled out in 12 instalments, paper submitted to lawmakers says.
Environment minister says that while the government sees urgency to suppress price increases, any changes to existing agreements must be backed by power firms.
CLP Power and HK Electric say electricity tariffs lagged behind real-time fuel prices because of way they pegged their natural gas contracts.
Residents report an explosion near Fei Ngo Shan, also known as Kowloon Peak, at around 11.30pm.
City’s largest electricity supplier will cap fuel surcharge, offering residents protection against sharp increases in global oil prices.
Kowloon and New Territories residents to pay about HK$1.55 and those living on Hong Kong Island around HK$2 per kilowatt-hour.
CLP will upgrade the air-conditioning system at Chinachem’s Nina Tower complex to a water-cooled, AI-controlled system, and a CLP wind farm in southwest China will offset its carbon footprint.
Readers discuss the government’s policy on immigration detainees, a public subsidy for energy-efficient domestic appliances, and how to transform science education.
Average monthly savings grew 17 per cent to HK$7,700, but the total Hongkongers say they need to feel safe jumped 20 per cent to HK$590,000, a survey from the Hong Kong Deposit Protection Board says.
Environment chief Tse Chin-wan says authorities will consider all methods to see if they can enable Hong Kong’s electricity tariffs to drop
Power companies’ latest round of tariff increases effective January revives debate on options for the city.
Hong Kong families already fighting to keep heads above water will suffer most from cost of living increases, campaigners and politicians warn.
Tenants will struggle with electricity tariff increase, says member of Kwai Chung Subdivided Flat Residents Alliance.
CLP Power customers will see their bills go up by 6.4 per cent starting in January, while those using HK Electric are set for 5.5 per cent rise.
Company to offer HK$600 to eligible households, including the elderly, and HK$800 to tenants of subdivided flats.
CLP Power and Australian data centre operator AirTrunk have teamed up to provide renewable energy matching the electricity consumption of a facility used by technology giant Microsoft in Hong Kong.
Blaze in Yuen Long plunged about 175,000 households and businesses into darkness.
Worst power cut in decades caused by ‘low voltage electrical installation’ near cable bridge, power firm says.
The soaring prices of oil and gas on global markets are inevitably being passed on to customers, said Michael Kadoorie as CLP reported its biggest ever loss.
CLP Power says vouchers, to be disbursed in September, are ‘to show care and express gratitude for the affected customers’ understanding’.