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From 1 August 2026, the Towngas standard tariff will go up by HK1.25 cents per MJ, with an actual increase in gas tariff of 3.9%. For approximately 65% of the residential customers, this translates to an increase of no more than HK$10 each month. The fixed monthly maintenance charge is to be increased by HK$1, bringing it to HK$11. New rates apply for charges from this date onwards, while pre-adjustment rates apply for the period prior.
Towngas will keep offering various concession schemes to eligible elderly persons, people with disabilities, single-parent families and low-income families. These beneficiaries will continue to enjoy a 50% discount for the first 500MJ of town gas consumed each month, and the monthly maintenance charges and spare parts costs will remain waived.
Over the past two years, operational expenses have continued to rise, alongside a marked increase in labour costs across the gas industry. Substantial capital investment will also be required in the forthcoming years to maintain safe and reliable services, as well as to extend the gas supply to newly developed areas. It is anticipated that the aggregate capital investment for 2026 and the subsequent five years will amount to HK$13.1 billion. Having thoroughly considered the affordability for customers, a moderate tariff adjustment has been proposed.
As has been its practice, Towngas will persist in investing in infrastructure, environmental protection, safety services, and providing support for communities in need. The Company will also continue to fulfil its corporate social responsibility, delivering high-quality and exceptional services to customers.