Hong Kong electricity prices
The residential electricity price in Hong Kong is
HKD 1.470 per kWh or USD 0.189.
The electricity price for businesses is
HKD 1.373 kWh or
USD 0.176.
These retail prices were collected in December 2023 and include the cost of power, distribution and transmission, and all taxes and fees.
Compare Hong Kong with 150 other countries.
Historical quarterly data, along with the latest update from June 2024 are available for download.
Sources: China Light and Power Hong Kong Limited, Environment and Ecology Bureau of Hong Kong, Hong Kong Electric Company
Electricity price analysis for Hong Kong
- Residential electricity prices in Hong Kong are 121.48% of the world average electricity price and 234.78% of the average price in Asia.
- Business electricity rates in Hong Kong are 114.72% of the world average price and 165.23% of the average in Asia.
- Household rates are 107.07% of the business rates.
- Electricity prices paid by small businesses in Hong Kong are 115.33% of the prices paid by big businesses.
- The price paid by households with low electricity consumption is 67.69% of the price paid by households with high electricity consumption.
