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.
Over our long history, we have consistently supported Hong Kong's economic journey by offering safe, reliable and affordable electricity while minimising the impact of our operations on the environment as we strive to deliver sustainable growth in long-term value to our investors.
HK Electric Investments believes that open and on-going communication with our stakeholders is central to our operation and development. We engage different stakeholders through a variety of channels and stakeholder suggestions and feedback are highly valued in our decision making process as we strive for continuous improvements.
Underpinned by its core value of "Pursuit of Excellence", HK Electric is committed to delivering excellent services and supply reliability to our customers. We have been providing a world-class supply reliability of over 99.999% since 1997 and all our service standards are achieved or even surpassed every year.
To satisfy the aspirations from the community, and in support of Government’s energy and environmental policy objectives, HK Electric has launched a suite of "Smart Power Services".
HK Electric is one of the longest-established power companies in the world. The Company has a world-class record of providing a highly reliable electricity supply to Hong Kong and Lamma islands at a reasonable and affordable price.
HK Electric Investments is committed to meeting the long-term energy needs and supporting the sustainable development of the community we serve. To do this, we focus not only on powering Hong Kong with a world-class electricity supply, but also on the way we deliver it and the impacts it has on the environment.
HK Electric aspires to be an employer of choice. We have policies and systems in place to attract talents and through continuous training and development, nurture them for a fulfilling career. We offer competitive remuneration, an ideal workplace and comprehensive wellness programmes for our employees while maintaining regular and open dialogues with them.
For details, please refer to the Terms and Conditions of Smart Power Building Fund (SPBF) attached in the SPBF Application Form.
What is the difference between the Smart Power Building Fund (SPBF) to the HK Electric Smart Power Fund (SPF)?
Under the SPBF effective from 1 January 2019, the funding size, building coverage and eligible project scope will be enlarged comparing to SPF. All buildings in HK Electric's supply area including residential, commercial, industrial and composite buildings, except those directly owned and operated by the Government (such as government offices), will be eligible for SPBF application. Eligible projects include retrofitting of building services installations including lighting, air-conditioning, lift, escalator and electrical installations etc., retro-commissioning and building-based smart technologies will also be eligible for the SPBF application.
Will a residential estate with multiple blocks receive the same subsidy cap as a single-tower residential building?
The subsidy cap of a single-tower residential building would be $250 thousands to $500 thousands (depending on building category). For an application covering multiple blocks, the cap will be lower with more blocks sharing out. Please refer to Clauses 4.7 and 4.8 of the Guide to Application for details.
Shall I pay the project cost in advance?
The subsidy will be disbursed on a reimbursement basis upon the completion of project, and will be determined based on actual project cost.
Will a multi-owned building without Incorporated Owners (IO) or owners' organisation be eligible?
For a multi-owned building without IO or owners' organisation, the person or company specified in the DMC of a building to manage the building (the DMC Manager); or an owner as a representative for all the owners, who has a written authorisation of all the owners of the building, is eligible to submit an application for the building.
If a building was granted subsidy under the existing SPF for a certain type of retrofitting project (e.g. lift), will that building be eligible for applying for a subsidy for another type of retrofitting project (e.g. lighting) under the SPBF?
Applications covering different projects for the same building will be considered.
May I apply for several numbers of energy efficiency enhancement projects in one application, for example, apply for retrofitting work of lifts and lighting together?
One application can include more than one type of energy efficient enhancement projects.
For retrofitting of lifts, what project items will be eligible for subsidy?
Only the project items directly related to upgrade of the energy efficiency performance will be subsided (e.g. traction machine and lift control system). Other accessories or balance-of-plant components (e.g. lift decoration) that are not related to energy efficiency improvement will not be subsidised.
What is the Qualified Service Provider (QSP)? Is it compulsory to hire QSP for the project? When is the proper time to engage a QSP?
The applicant shall, prior to the application, engage a Registered Energy Assessor (REA) registered under the Buildings Energy Efficiency Ordinance (Cap. 610) (the BEEO) as the QSP, responsible for certifying the detailed scope of the projects, monitoring of the procurement, supervising the project, and completing and certifying the project completion reports on compliance with the BEEO.
Hotline: 2510 2701
Enquiry email: SPBF@hkelectric.com