Press Release

CEM continues to offer subsidy to maintain tariff unchanged for all Tariff A customers

Macau, 22 January 2014

According to the calculation under the concession contract, the 1st quarter Tariff Clause Adjustment (TCA) is 44 cents per kWh.

Nevertheless, concerning the impact of a lifting TCA to the residential and SME customers, and fulfillment of its social responsibility, with the support of Macau SAR Government, CEM decided to maintain the Tariff A TCA at 36 cents per kWh, subsidize 8 cents per kWh of TCA.

CEM announces the TCA of the 1st quarter of 2014 for Tariff A (mainly residential customers and small and medium enterprises supplied with low voltage, more than 99% of all customers) will remain unchanged at 36 cents per kWh, while for Tariff B, C and D, the TCA will be adjusted to 44 cents per kWh according to the contractual calculated value, which is 1 cent per kWh less than the TCA of last quarter.

CEM has been reducing the receipt of the TCA to manage the electricity tariff rise since 2008.

With objective of sustaining reliable power supply at reasonable prices, CEM is fully committed to strengthening its operational efficiency and customer service.