Hong Kong's CLP Power to Increase Electricity Prices Again in June
CLP Power customers in Hong Kong will face higher electricity bills for the third consecutive month in June due to rising fuel costs, with prices increasing by 5.4%.
Customers of Hong Kong’s CLP Power are set to pay higher power bills next month, as the company increases its fuel costs for a third consecutive month to 42.6 HK cents (5.4 US cents) per unit of electricity, up 5.4 per cent from May. CLP Power, which serves over 80 per cent of Hong Kong’s population, announced its fuel cost for June at 42.6 HK cents per kilowatt-hour (kWh) on Tuesday, up from 40.4 HK cents in May. CLP’s monthly fuel cost has been rising steadily since March. The charge for June....