No actually. The current HK Electric charge (including the "fuel surcharge") is HK$0.884 / kWh. The current CLP charge is HK$0.897/kWh.
(These are for low usages - there are tiered tariffs once you get above 150 or 200 kWh/month)
In the UK, for example, the price of electricity is about 0.12/kWh, which is, roughly HK$1.4/kWh. So the price in the UK is substantially higher than that in HK.
Similarly, the price of electricity in the US (take NY State as an example) is about US$0.17-0.20/kWh, which is much the same as the UK price - again much more expensive than HK.
Hence my question as to "compared to where" justsomebody2 was claiming that electricity prices in HK are "insane".