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 Loan Fund (SPLF) attached in the SPLF Guide to Application.
What is the financial assistance provided by SPLF?
Under SPLF, collaborating banks will provide loans for implementation of energy efficiency enhancement projects, while HK Electric will subsidise the respective loan interests to help successful participants of Smart Power Energy Audit and/or Smart Power Building Fund (both of which are effective from 1 January 2019) to implement such projects.
What does "interest-subsidised loan" mean?
The collaborating banks will arrange the loan for participant while HK Electric will subsidise the loan interest on a reimbursement basis.
Who is eligible for SPLF?
Any non-residential registered customers of HK Electric (except HKSAR Government) who has successfully participated in Smart Power Energy Audit and/or Smart Power Building Fund is eligible.
How can I submit my SPLF application?
You can return the application form and other required documents to us via either one of the following ways:1. email to SPLF@hkelectric.com; or2. by post to Head of Customer Business Development, Customer Services Division, 4/F, Hongkong Electric Centre, 44 Kennedy Road, Hong Kong.
Will the interest subsidy cover bank charges required for loan application?
You bear at all times the sole obligation to pay to the collaborating bank directly the principal, interest, loan arrangement fees, handling charges, any late payment charges, bank charges and all other payments in relation to the loan arrangement.
Am I still eligible for SPLF if my project has received grants from other parties?
Yes. The project costs eligible for our consideration shall be those after deducting all contributions, grants, loans or rebates from other funding sources (including subsidy from Smart Power Building Fund).
Are all project cost items (e.g. lift decoration) covered under SPLF?
Only cost items including costs of materials, installation, testing and commissioning, etc., that directly contribute to energy saving and/or energy efficiency enhancement are eligible.
What is the maximum loan principal I can have?
The maximum loan principal amount of each project shall be $3 million or 80% of the project costs after deducting any contributions, grants, loans or rebates from other funding sources (including subsidy from Smart Power Building Fund), whichever is lower.
Can I submit multiple loan applications?
Yes. Multiple applications from the same applicant are allowed provided that (i) they cover different energy efficiency enhancement projects, and (ii) the cumulative approved loan shall not exceed $6 million.
Hotline: 2510 2701Enquiry email: SPLF@hkelectric.com