Hong Kong power firms to raise fuel charges from September amid geopolitical tensions

Hong Kong’s two electricity suppliers will raise fuel-related charges from next month, citing geopolitical tensions and volatility in international energy markets. As electricity costs rise, CLP Power and HK Electric have introduced rebate and relief schemes as grass-roots households face higher air-conditioning expenses after a summer with an unusually large number of very hot days. HK Electric, which supplies electricity mainly to Hong Kong Island and Lamma Island, said on Tuesday that its...

By Lam Ka-sing