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Hong Kong Electric will finance energy efficiency projects
12 April 2019
John Herbert
Registered Energy Assessor (REA)
Hong Kong electric will finance energy efficiency projects with rebates
to 50% or HKD 500,000 of the project cost, depending the type of building.
The Hong Kong Electric Smart Power Fund is straightforward, replace
a lift or pumps with new energy efficient equipment, and Hong Kong
electric will dispense rebate after the work is done.
The application process is equally simple, and here Kelcroft can help
providing the technical application paperwork for the HKE smart power
fund on behalf of the building owner. Once the work is completed
and HKE approved, Hong Kong Electric will disburse the rebate
directly to owner.
If the building does not have a single owner but a building management
company, then Hong Kong Electric can also dispense the energy efficiency
rebate to the building management company.
https://www.hkelectric.com/en/customer-services/smart-power-services/smart-power-building-fund
Hong Kong Electric provides rebates to fund energy projects on Hong Kong Island
Lower Building Management Fees
For buildings on Hong Kong Island upgrading the lifts, lighting, or water
pumps, with higher efficiency equipment, and Hong Kong Electric could
earn capital rebate upto 50% of the installation cost.
If a new high rise building passesnger lift cost, lets say
HK$ 1,250,000, the owner(s) could earn upto HK$ 500,000 rebate.
With lower energy charges and operating costs for the new lift,
the building owners/tenants could enjoy also enjoy lower
building management fees.
Luxury residential properties and MTR properties have already
applied for rebates.
We have more than 20 years energy experience, to learn
more call us on +852 2335 9830 today!