HK Electric customers set for steeper bills in June over volatile oil prices
Customers of HK Electric are facing increased electricity bills starting in June due to a 20.4% rise in the fuel clause charge. This adjustment is a direct result of escalating international oil prices, influenced by the ongoing conflict in the Middle East. The company has cautioned that further increases to the fuel surcharge are anticipated in the upcoming months as current prices do not yet fully reflect the sustained rise in fuel costs. AI
