Renewable Energy Feed-in Tariff Scheme

Renewable Energy Feed-in Tariff Scheme

To combat climate change and promote a greener future, starting October 1, 2018 (CLP Power) / January 1, 2019 (HK Electric), solar power panel owners can sell the electricity they produce to the two power companies at HK$2.50 to HK$4 per kilowatt-hour (depending on the scale of generation) via the Feed-in Tariff Scheme. This price is significantly higher than the current electricity price for HK$1 to HK$1.50 per kilowatt-hour.

This program runs for 15 years, until 2033. The solar power system investment payback period is generally 3-5 years. This allows owners to earn stable, high feed-in tariff for the next 10-12 years, and then continue to earn regular electricity rates thereafter.

CLP announcement:

Renewable energy feed‑in tariff (residential customers)

HK Electric promotional video:

HK Electric Feed‑in Tariff Program

HK Electric announcement:

Feed-in tariff

 

Feed‑in tariff levels

The feed‑in tariff will be divided into three tiers according to the system’s generation capacity:

Renewable energy system generation capacity

Feed‑in tariff (per kWh)^


≤ 10kWh
HKD$ 4

10kWh to
≤ 200kWh
HKD$ 3 

200kWh to
≤ 1MW
HKD$ 2.5 

^The above feed‑in tariffs take effect from 27 April 2022 and will be subject to periodic review.

 
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