Electricity tariff increases slightly in Q2

Companhia de Electricidade de Macau (CEM) announced on Friday that the Tariff Clause Adjustment (TCA) in the second quarter (Q2) of 2022 will be at 40 cents per kwh, an increase of MOP0.5 cents per kwh compared to the previous quarter. The adjustment applies to the CEM’S Tariff Group A, B, and C customers. The rate adjustment factor for Group A customers, residential and SMES, was the highest since 2014. CEM said that this increase is due to the changes in the Chinese Yuan (CNY) and fuel prices, and is in accordance with the method of calculation stated in the concession contract.