Consumption levels rise by 18.5 % in 2Q 2012
Casinos spending more electricity
2012-08-31
Reading time 39 seg
(Macau).- Macau’s gaming industry saw its electricity consumption levels rise by 18.5 % year-on-year in the second quarter of 2012. According to official data, the city’s casinos spent 439 million kWh from April to June, roughly double the amount used by Macau’s households during the same period.
The gaming industry was responsible for roughly half of the electricity consumption by the city’s business sector during the second quarter.
Last year, in an article released July 21, Macau Business had reported that Macau’s electricity utility company CEM increased a us$ 0.001 per kWh across all tariff groups for the third quarter of 2011. It was a raise of less than 1 percent. CEM had also announced that it would continue to subsidise residential and small and medium sized enterprises’ bills by us$ 0.003 per kWh.
The article also added that the price increase was justified by a 10-percent increase quarter-on-quarter of the price of fuel oil used for power generation and the appreciation of the renminbi.
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