Kota Marudu Member of Parliament

Electricity tariff rebates for consumers to stay, says Ongkili

PUTRAJAYA: The Government is keeping the electricity tariff rebate at 1.52 sen/kWh in the peninsula and 1.20 sen/kWh in Sabah and Labuan for the Jan 1-June 30 period next year, said Energy, Green Technology and Water Minister Datuk Seri Dr Maximus Ongkili.

He said the Government would also forego the Imbalance Cost Pass-Through (ICPT) cost savings of RM766.33mil through an electricity tariff rebate of 1.52 sen/kWh for all users in the peninsula, except for those with a monthly electricity consumption of below 300kW/h.

For Sabah and Labuan, a rebate of 1.20 sen/kWh would also be given to users in the same category, he added.

“With the rebate retention, users will not be paying higher electricity bills if their total electricity consumption remains unchanged,” he said in a statement yesterday.

Dr Ongkili added that the total rebates for electricity bills enjoyed by users from March 1, 2015, until June 30, 2017, was RM4.099bil in the peninsula and RM126.26mil in Sabah.

On the adjustment of electricity tariffs in the peninsula, he said the 1.52 sen/kWh rebate involved costs amounting to RM766.33mil provided through the revision of tariffs under the ICPT mechanism for the July 1-Dec 31 period this year.

Among the factors that contributed to the rebates were the declining Liquefied Natural Gas prices in the world market and the higher efficiency of coal-fired power plants, he said.

Source : The Star Online