PUTRAJAYA, June 27 — Domestic and non-domestic electricity consumers in Peninsular Malaysia won’t be hit by higher bills as there will be no change to the imbalance cost pass-through from July 1, 2022-December 31, 2022.
It said that the rebate and surcharge cost borne by the government totalled RM5.8 billion, and that the six-month period was agreed on June 24. It added that another RM3.5 billion was allocated to maintain the ICPT surcharge for commercial and industrial customers, which should be 11.81 sen/kWh. It said that the price of coal per tonne in the international market had risen to US$265 compared with the US$79 calculated by Tenaga Nasional Bhd for base electricity tariff, and that it was caused by the current global crisis and a supply constraint of coal, among others.ST said that ICPT, fuel and electricity generation expenses are reviewed every six months and passed to the electricity consumer via a rebate or surcharge based on cost savings or increase.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: msianinsight - 🏆 8. / 63 Read more »
Source: malaymail - 🏆 1. / 86 Read more »
Source: malaymail - 🏆 1. / 86 Read more »
Source: staronline - 🏆 4. / 75 Read more »