Hong Kong power suppliers could cut electricity charges next year, environmentalist says

There could be a 1 to 2 per cent cut in electricity charges in the coming year despite the recent uptick in international fuel prices, an environmental group has forecast. The city’s two power companies reduced tariffs this year by about 1 per cent – the first cut in years driven mostly by a lower fuel clause charge as global energy prices slid. The trend has reversed in recent weeks, with a decision last month by the Opec oil-producing cartel to cut production, triggering a...