Feed-In Tariff For Renewable Energy

Feed-in Tariff

Hong Kong Government Subsidy Policy

On April 17, 2018, the Hong Kong Special Administrative Region Government announced the details of the "Fit-In Tariff" plan, which will sell electricity to two local power companies (HK Electric and Hong Kong Electric Power) in the form of private electricity production to encourage the development of renewable energy, including solar and wind power. generate electricity. Sieve, the price of renewable energy purchased by the two power companies is equal to HK$3 to $5 per kilowatt-hour of electricity, and the buyback period is from 2015 to 2033. In addition, the two power companies can sell "Renewable Energy Certificates" to corporate business owners to prove that electricity is sourced from renewable energy schemes