Residential Tariff

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HK Electric Investments

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HK Electric Investments is the first fixed single investment trust listed in Hong Kong with a focus on the power industry. Our principal operating subsidiary, The Hongkong Electric Company, Limited (HK Electric), commenced operations in 1890 and is one of the longest-established utility companies in the world.

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Residential Tariff

1. The Residential Tariff applies to residential customers where electricity is used solely for residential purposes.

2. This Tariff is based on monthly meter readings. "Month" means a period of approximately one month between one normal meter-reading and the next.

3. This Tariff will be the aggregate of the following items:

a) Basic Charge

For connection to supply, consumption in a month will be charged in accordance with the following Block Rate Tariff Table:

Consumption (In Blocks)	Rate (cents/unit)
For each of the first 150 units	60.4
For each of the next
150 units (151 - 300)	74.3
200 units (301 - 500)	88.2
200 units (501 - 700)	111.8
300 units (701 - 1,000)	125.7
500 units (1,001 - 1,500)	139.6
From 1,501 units and above	153.5

If the consumption period covered is less than a month, the following charges will be made:
(i) If the period exceeds 15 days, the above Block Rate Tariff Table will apply.
(ii) If the period is 15 days or less, the units will be charged in blocks at half the size of the blocks in the above Block Rate Tariff Table.

b) Fuel Clause Charge (FCC)

FCC will be adjusted on a monthly basis to reflect changes in the cost of fuels consumed for generation of electricity in a timely manner. For details, please click here.

Year 2020	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
FCC (cents/unit)	24.8	24.8	23.1	23.1	24.6	25.2	22.9	18.5	14.7	11.6	9.2	9.4

c) Special Rent & Rate Rebate

The rebate is 0.4 cents per unit.

4. The Minimum Charge per bill is $16.1.

5. Super Saver Discount - Customers with consumption not more than 100 units in a month are entitled to receive 5% discount.

6. Customers under Concessionary Tariff Scheme for the Elderly / Disabled / Single-Parent Families / Unemployed are entitled to receive 60% discount for the first 200 units of electricity consumed in a month plus the exemption of the payment of deposit and Minimum Charge. The "Super Saver Discount" is also applicable to customers under the Concessionary Tariff Scheme.

7. "Unit" means kilowatt hour.

8. Relief and subsidy provided by the Government:
(i) Electricity Charges Relief Scheme - $50 per month
(ii) New round of Government Electricity Charges Subsidy Scheme - $160 per month between January and November 2020, $240 for December 2020 with total of $2,000

Effective Date: 1^st January 2020

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