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CEM cuts electricity tariff

Power utility CEM said in a statement this week that due to the decline in the average electricity purchasing cost, the company is reducing its Tariff Clause Adjustment (TCA) by 2 avos (cents) in the second quarter.

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UPDATED: 22 Dec 2023, 5:45 am

Power utility CEM said in a statement this week that due to the decline in the average electricity purchasing cost, the company is reducing its Tariff Clause Adjustment (TCA) by 2 avos (cents) in the second quarter.

According to Tuesday’s statement, the TCA in the second quarter for CEM’s Tariff Group A, B, and C customers will be at 31 avos per kWh, in accordance with the calculation method prescribed by the government.

“This indicates a decrease of 2 avos compared to the previous quarter,” the statement said.

(The Macau Post Daily/Macau News)
PHOTO © CEM

UPDATED: 22 Dec 2023, 5:45 am

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