A maximum subsidy of $1,800 will be provided to each eligible residential electricity account from July this year.
Starting from July 1, a monthly subsidy of $150 will be credited to each residential account with CLP Power Hong Kong Ltd or Hongkong Electric Co Ltd in existence on the first day of each month for 12 consecutive months.
The credit can be used for offsetting the billed charges for electricity consumed under the same account. Any unused credit can be carried forward to cover electricity charges under the same account until August 31, 2014, or the close of the account, whichever is earlier.
Electricity bills for residential accounts with the two electricity companies to be issued in July this year will reflect the first subsidy credit.
Users may call CLP on 2678 2678 or HK Electric on 2887 3411 for enquiries on account matters.
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here for more information, or call the Financial Services & the Treasury Bureau (Treasury Branch) on 2810 3824
The Financial Secretary announced the subsidy in the 2011-12 Budget to alleviate the burden of inflation on the public.
On June 10, the Legislative Council Finance Committee approved the provision of a maximum additional subsidy of $1,800 to each eligible residential electricity account. This one-off measure will involve government expenditure of about $4.5 billion, benefitting 2.5 million households.
