Hong Kong Renewable Energy Feed In Tariff

zero carbon building hong kong

Hong Kong utilities will be paying you for electricity supplied to the grid, the feed in tariff offers RE system owners HK$5 / wwh for small systems (upto 10 kw) , HK$4 / kwh for medium size systems (upto 200 kw) , and HK$3 / kwh for large installations (upto 1 Mw),

And could be attractive compared to the present electricity tariff , approx HK$ 1 / kwh on Kowloon side, and HK$ 1.3 / kwh on Hong Kong Island.

Under this scheme, ALL the power generated from the RE system must be fed into the grid, it’s not for self-use, that means the owner will have two utility accounts, a traditional account for paying electricity used, and this new RE account for the RE installation and any power generated fed into the grid.

It is a u-turn for CLP, its executive director Mr Chow stated in June 2015 ( read SCMP report ) that it was not worth connecting to the utility grid even with a feed in tariff.

 

Don’t forget to check your utility tariff

DON’T forget the electricity tariff – It is easy to overlook the painless cost savings achievable by simply choosing the correct Utility Tariff for your facility or building.  A tariff is the published rate for electricity charging, typically utilities offer different charging schemas for low, medium and high consumers.

Tariff Analysis is a scientific based approach, examining your the utility bills to identify the optimum tariff for you, that the tariff with the lowest cost.

Where the utility company permits summation metering, and the facility has more than one power meter, re-analyse using the totalled data – using all the meter readings, to check and identify if summation metering provides a beneficial tariff.

Remember that tariffs change frequently and without notice,  so its wise to ensure that you order a Tariff Analysis at least once per year.