Implications of Towngas' Proposed Tariff Increase on Hong Kong Consumers

Tuesday, 4 June 2024, 11:30

The recent discussions between Towngas and the government on adjusting gas tariffs in Hong Kong have raised concerns among consumers. Managing director Peter Wong assures that the increase will be reasonable, holding a significant impact on household expenditures. With the last tariff adjustment dating back to August 2022, the proposed changes could potentially influence consumer spending habits in the region.
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Implications of Towngas' Proposed Tariff Increase on Hong Kong Consumers

Hong Kong Consumers' Gas Bills Update

The discussions between Towngas and the government regarding the adjustment of gas tariffs in Hong Kong have sparked interest among the public. Peter Wong, the managing director, has emphasized that any increase will be reasonable and not in double-digits.

Tariff Adjustment History

  • Towngas last raised its basic tariff by 4.4% in August 2022.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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