Hong Kong based electricity company, CLP Power has assigned around US$25.7m (HK$200m) under the CLP Community Energy Saving Fund for 2024 to support programmes that will promote renewable energy development, energy saving, and carbon emissions reduction and help underprivileged communities.
In its statement, CLP said, “Around US$6.4m (HK$50m) will be given to the CLP Electricity Subsidies for the Underprivileged Families Programme, providing around US$77 (HK$600) to 50,000 elderly people, low-income families and people with disabilities. It will also provide US$128.3 (HK$1,000) power subsidies to 20,000 subdivided unit tenants. CLP will raise the funding for Home Electrical Safety to (HK$9.5m) and will launch the Home Electrical Safety Enhancement for the Underprivileged Family next year, targeting to benefit around 2,000 households.”
The firm said that it will also provide around US$384,000 (HK$3m) to support the government’s Community Living Room pilot programme and will provide around US$257(HK$2,000) to 2,000 families residing in transitional housing.
‘Through the funding, the company will set around US$2.6m (HK$20m) to purchase and install solar energy systems in eligible schools and non-government organisations to develop renewable energy, and about US$7.4m (HK$58m) for the CLP Retail and Catering Coupons Programme,” said the firm in its note.
