CLP Power to raise electricity price for third straight month in June

Customers of Hong Kong’s CLP Power are facing higher electricity bills in June, with the company increasing its fuel cost charge by 5.4 per cent from May, its third consecutive monthly rise. CLP Power, which serves more than 80 per cent of Hong Kong’s population, announced on Tuesday that its fuel cost adjustment for June would rise to 42.6 HK cents (5.4 US cents) per kilowatt-hour (kWh), up from 40.4 cents in May. CLP’s monthly fuel cost charge has been rising steadily since March. The charge..