Aude Pommeret and Lin Zhang
On December 13th, 2016 Hong Kong Electric (HKE) announced a reduction in the Net Tariff by 17.2% starting January 1st, 2017. In the meantime, CLP announced the frozen Average Tariff for 2017 with a rebate. The official justifications provided by HK Electric were first that in reducing its electricity price, the utility was returning to customers the refunds HKE had received from government as rents and rates had been overcharged in the past.
