Business

CLP to relieve tariff pressure with subsidy

Our BLCC Corporate member CLP announced on 10 December that it will relieve the tariff pressure for all Small-and-Medium Enterprise (SME) customers from the increased use of natural gas for low-carbon power generation in 2020 through a subsidy. The subsidy is part of a more-than-HK$200 million CLP Power’s relief plan that will benefit different sectors of the community, including the underprivileged sub-divided unit tenants who do not benefit from the Government’s electricity charges relief schemes.

Read more about it in the press release (click here) or view the presentation (click here).