HK Electric to hike fuel surcharge by 33.9% from July over ‘deferred effect’ of war in Middle East

HK Electric has said that it will raise its fuel surcharge by 33.9 per cent in July due to what it called the “deferred effect” of the US-Israeli war with Iran. HK Electric, one of the city’s two major power utilities, said on Thursday that its Fuel Clause Charge (FCC) will be set at 41.9 […]