Scheme of Control Agreement
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1 23 Apr Scheme of Control Agreement Energy Efficiency and Conservation Renewable Energy Monthly Fuel Clause Charge Adjustment
2 Principles Higher Priority Disadvantaged Groups & The Needy Lack of resources Weak technical expertise Not mandated to pursue EE&C 1
3 Smart Power Services Schemes Smart Power Building Fund Smart Power Care Fund Energy Efficiency & Conservation Smart Power Energy Audit Smart Power Education Fund Smart Power Loan Fund 2
4 Smart Power Building Fund Existing Smart Power Fund Smart Power Building Fund HK$5 million each year Non-commercial buildings in HK Electric s supply area Communal Areas Retrofitting of building services installations (BSI) lighting, air-conditioning, electrical, lift & escalator installations HK$25 million each year Industrial/Commercial & Noncommercial buildings in HK Electric s supply area Communal Areas Retrofitting of BSI Retro-commissioning Building-based smart/it technologies 3
5 Smart Power Energy Audit Smart Power Loan Fund Free energy audit service for Commercial & industrial premises and building common areas Residential building common areas Annual target will be increased from 50 to 200 audits Interest subsidy for implementation of energy efficiency enhancements Customers who have completed energy audits Customers who have joined Smart Power Care Fund 4
6 Smart Power Education Fund Fund size will be increased from $2.5 million to $5 million p.a. Education & promotion activities for students & general public EE&C Low-carbon lifestyle Applications of RE Advisory Committee helps set annual direction and theme 5
7 Smart Power Care Fund Target Group 2019 Subsidy Programme CSSA beneficiaries Needy electricity users referred by welfare NGOs or District Council members Replacement/provision of energyefficient household appliances Provision of handy improvement works for safe use of electricity Tenants of Subdivided Units (SDUs) OR Provision of rewiring work for installation of separate electricity meters Subject to the prior consensus of the SDU tenants, agreement by the landlord and Building Owners Corporations and fulfilment of the relevant technical and safety requirements 6
8 Feed-in Tariff (FiT) Scheme Electricity generated from RE systems Capacity 10 kw $5/kWh 10 kw < Capacity 200 kw $4/kWh 200 kw < Capacity 1 MW $3/kWh Capacity > 1 MW Case-by-case Negotiation Prevailing Tariff Electricity supply via grid HK Electric Customer s Premises 7
9 Renewable Energy Certificates (REC) REC Represent units of electricity from local RE sources generated or purchased by HK Electric REC REC REC REC Charge HK Electric Customers 8
10 Monthly Fuel Clause Charge (FCC) Adjustment Use 3-month average actual fuel cost to calculate Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Mar - May Adjust Monthly adjusted FCC Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 9
11 Stakeholder Engagement and Publicity Customer Supports Smart Power Services dedicated hotline Smart Power Services enquiry accounts Multi-channel engagement & publicity HK Electric website HK Electric mobile app Social media (e.g. Youtube, Facebook) Smart Power Gallery Digital and traditional posters, leaflets, etc. Briefings, seminars, symposiums, etc. for community and different stakeholders Workshops, seminars, symposiums, etc. for professional sectors EE&C education & promotion activities for students & the general public 10
12 Schedule Time Activity 2018 April Smart Power Services webpage on HK Electric website ( Hotline: Enquiry accounts Energy Efficiency & Conservation (EE&C): Renewable Energy (RE): Aug Announce Feed-in Tariff Scheme details Open for application from 1 Sep Oct Announce price and purchasing methods of Renewable Energy Certificates Announce Smart Power Services scheme details Open for application from 1 Nov Jan All Smart Power Services schemes effective Monthly fuel clause charge adjustment effective 11
13 Thank You
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