CompaniesOther

CLP September Fuel Charge 45.1 Cents; Three-Month Rebate of 8 Cents for Homes Under 900 kWh

Published: Updated: By 24TopNews Editorial Desk

Hong Kong's two power utilities announced their September fuel adjustment charges. HK Electric set its charge at 60.7 cents per kWh, up 3.4 cents, reflecting fuel costs from May to July 2026, lifting its average net bill by 1.8% to 188.6 cents. It will offer an 8-cent rebate to residential customers using 450 kWh or less from August to October. CLP set its charge at 45.1 cents, up 0.1 cent, and will provide a three-month 8-cent rebate to homes using below 900 kWh, reducing the effective charge to 37.1 cents, below its January 2026 level.

Hong Kong's two major power companies have announced their fuel adjustment charges for September. HK Electric's September fuel charge will be 60.7 cents per kWh, up 3.4 cents from August. Due to the deferred effect of the monthly adjustment mechanism, the September charge mainly reflects fuel costs incurred from May to July 2026. Including the basic tariff, the average net electricity bill for September will be 188.6 cents per kWh, up 1.8% from August. To ease the impact of higher bills on residential customers, HK Electric will offer a special subsidy of 8 cents per kWh from August to October to residential customers whose monthly consumption is 450 kWh or less. For a residential customer using 450 kWh per month, after including the basic tariff and deducting the special subsidy, the September bill will rise by HK$15.3 compared with August.

CLP's September fuel charge will be 45.1 cents per kWh, up a marginal 0.1 cent from August, mainly reflecting changes in actual fuel prices over the past three months. CLP also introduced a three-month special fuel rebate of 8 cents per kWh for residential customers with monthly consumption below 900 kWh, bringing the effective fuel charge to 37.1 cents for eligible customers, which is lower than the level in January 2026. For an average household using 450 kWh per month, eligible customers will receive more than HK$100 in total rebates over the three-month period.

24TOPNEWS IMPACT INTELLIGENCE

Why this event matters

The event has a measured impact on 1 industry. The strongest current signal is neutral for Thermal Power, with intensity 30/100 and 80% confidence over a short term horizon.

Energy · 1.8

Thermal Power

Direction
neutral
Intensity
30
Confidence
80%
Horizon
Short term
Effective impact 0

Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.