Charges (736)

Charges

The charging mechanism as specified in the Bill for the district cooling services was considered and agreed by the LegCo Panel on Environmental Affairs on 17 July 2014. Please click below link to read / download the paper as discussed in the above meeting:

"Collection of charges for District Cooling System at the Kai Tak Development" [PDF format (47KB)]
(source by The Legislative Council Commission - external)

The key components of the charge are:

1. Capacity Charge

calculated based on the contract capacity and the capacity charge rate applicable to the building;

2. Consumption Charge

calculated based on the actual cooling energy consumption of the building in the month and the consumption charge rate applicable to the building.

The effective rates for 2023/24 and the subsequent 2024/25 based on the adjustment formula as provided in the District Cooling Services Ordinance (Cap. 624) are as follows:

	2023/24 Charge Rates	2024/25 Charge Rates
Capacity Charge Rate	$135.53 per kilowatt refrigeration per month	$137.83 per kilowatt refrigeration per month
Consumption Charge Rate	$0.2621 per kilowatt-hour refrigeration	$0.2427 per kilowatt-hour refrigeration
Remarks: As announced by the Census and Statistics Department, the rate of change in the Composite Consumer Price Index recorded for 2023, after removing the effects of all one-off relief measures of the Government, was +1.7%. As announced by CLP, the electricity tariff applied for 2024 would be -7.4%.

Charges

The key components of the charge are:

1. Capacity Charge

calculated based on the contract capacity and the capacity charge rate applicable to the building;

2. Consumption Charge

calculated based on the actual cooling energy consumption of the building in the month and the consumption charge rate applicable to the building.