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Scheme of Control Agreement

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Scheme of Control Agreement

The Scheme of Control Agreement (SCA) provides a framework for the Government to monitor HK Electric's financial affairs and operating performance. The current SCA is effective for a term of 15 years from 1 January 2019 until 31 December 2033. HK Electric is entitled to a permitted return of 8% on average net fixed assets. The agreement provides long-term certainty to HK Electric in gradual replacement of its coal-fired units by gas-fired units. With a strong emphasis on energy efficiency, customer services, promotion of renewable energy and operational transparency, the SCA effectively balances the interests of various stakeholders.

Scheme of Control Agreement

2019 - 2033 Scheme of Control Agreement

2009 - 2018 Scheme of Control Agreement

Development Plan

Tariff Review

Other Information