A typical solar panel is about 1.7m tall by 1m wide

Feed-in Tariff (FiT) rates
CLP Power and HK Electric will buy all electricity units generated by renewable energy systems at a FiT rate from October and January, respectively. Three rates will be set according to a system’s generation capacity

Electricity generated by a power solar system is immediately purchased by the grid, and the units consumed on-site are bought back at an average net tariff of HK$1.12 to HK$1.15 per unit/kWh (Electricity bills measure units of consumption in kilowatts per hour, or kWh)



Total generation capacity
More than 10kW to or equal 200kW
(For residential and medium-sized companies)
This 12-panel solar system is 19.6m² and occupies roughly one-third of a typical 700 sq ft (65m²) village houste rooftop
The average annual electricity consumption of a Hong Kong household of two is 1,500 - 2,500 units/kWh
The average annual electricity consumption of a Hong Kong household of four is 4,800 units/kWh. The annual electricity bill is about HK$5,500
The area of a 81-panel solar system is about one-third the size of a basketball court
Hong Kong’s first floating solar photovoltaic (PV) system at the Shek Pik Reservoir. A set of 352 solar PV panels were installed over the reservoir surface in 2017
The area of a 3,000-panel solar system is about half the size of Hong Kong Stadium
The largest solar system in Hong Kong is at the Siu Ho Wan Sewage Treatment Works on Lantau Island. It has more than 4,200 panels and a generation capacity of 1,100kW (1.1mW)
Panel(s): 0   Capacity: 0kW   Cost: HK$0 to HK$0  Area: 0 m² (*0 m²)
Annual generation: 0 units/kWh  
Annual FiT earning: HK$0
The FiT rate will be considered on a case-by-case basis for systems with a capacity greater than 1mW

Payback period Recovery time for construction costs of solar systems at 2018 FiT rates
                7.5 — 12.5 yrs or longer
The FiT scheme will be implemented for 15 years, until 2033
Without FiT it would take at least 27 years to cover the cost of construction

Note: These figures are based on a 12-panel system estimate by CLP Power

Generate income by generating power – Hong Kong homes close to selling solar power under new ‘feed-in tariff’ scheme →

* Solar energy equipment should face south and be angled at 22.5º for optimum results

1. Solar panels convert sunlight into direct current electricity
2. An inverter then converts the electricity into alternating current power
3. The electrical service panel sends solar electricity to the power grid and also distributes electricity from the grid back to the home
4. The smart meter measures the units of electricity generated and consumed, and transmits the information to the utility

Green energy push in Hong Kong with feed-in tariffs is welcome, but implementation is key →

Top 10 countries with installed solar power capacity, 2016 (Gigawatts)
Asia’s global share of installations globally has grown rapidly in recent years
Installed capacity in 2016
Cumulative installed capacity


Installed power capacity share by energy sources, 2016 (%)
Australia and Japan have achieved high solar photovoltaic (PV) household penetration
Fossil fuel
Nuclear
Renewables
Renewable energy provides less than 0.1% of overall installed power capacity in Hong Kong


Success of Hong Kong’s renewable energy plan depends on ‘salesmanship’ of power companies, experts say →

Solar energy supply in Hong Kong, 2012
Research on potential output power for the deployment of PV systems according to Hong Kong Polytechnic University


Sources: CLP Power Hong Kong Limited, International Energy Agency, Legislative Council Secretariat, Hong Kong Polytechnic University