CLP is set to reduce tariffs starting from 1 January 2024. The Average Net Tariff in 2024 will be 142.9 cents per unit of electricity, representing a 7.4% reduction from 154.4 cents per unit of electricity at the beginning of 2023. We will continue to allocate over HK$200 million from the CLP Community Energy Saving Fund to launch a range of community support programmes in 2024 to promote energy saving and decarbonisation.
CLP Power’s new five-year Development Plan focuses on a range of investments to underpin Hong Kong’s accelerating economic and infrastructural development, continued delivery of a world-class reliable electricity system, the transition to a smart and resilient city, and continuation of the decarbonisation journey.
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