In the the Monday announcement tariff hike by Energy, Green Technology and Water Minister, Datuk Seri Dr Maximus Ongkili, tariff in peninsular Malaysia would be up by 4.99 sen per kilowatt hour and by 5 sen for Sabah and Labuan.
Electricity rates in Malaysia should be up by 14.98% or 4.99 sen to 38.53 sen per kWh, effective Jan 1. However, MyKMU here pointed out that TNB's new rates may not be an increase by 15% but more.
If so, it means the Minister wrongly informed the public!
The NST report on the tariff hike:
New electricity rates from Jan 1 : Maximus Ongkili
December 2, 2013
By Adrian David and Kristy Inus | firstname.lastname@example.org
KUALA LUMPUR: The electricity rates in Malaysia will be up by 14.98% or 4.99 sen to 38.53 sen per kWh, effective Jan 1.
Energy, Green Technology and Water Minister Datuk Seri Dr Maximus Ongkili said the tariff in peninsular Malaysia would be up by 4.99 sen per kilowatt hour, and by five sen in Sabah and Labuan.
He said the initiative was a gradual subsidy reduction not only on electricity but other forms of energy as well.
"The subsidy gradualisation will involve a a 14.89 per cent increase from 33.54 sen per kilowatt hour to 38.53 sen per kilowatt hour for the peninsula.
"Sabah and Labuan will see a 5 sen per kilowatt hour hike, or a 16.9 per cent increase, from 29.52 sen per kilowatt hour to 34.52 sen per kilowatt hour," he said at a press conference at the Parliament lobby today.
This move was anticipated after Putrajaya announced its plans to trim fuel subsidies for power producers in the first quarter of 2014.
Meanwhile, BERNAMA reported that 70.67 per cent or 4.56 million of the overall 6.45 million domestic users in Peninsular Malaysia and 62 per cent or 260,000 of the 418,000 domestic users in Sabah and the Labuan Federal Territory, who consumed 300 kWh or less a month, are not involved under this review.
Maximus Ongkili said the government would continue to assist by providing rebates to consumers whose electricity bill was RM20 and below until Dec 31, 2014.
Read rest of report here.
The portal highlighted that TNB's official website current tariff before the new rates are as below:
As pointed out by MyKMU, the tariff for tariff category between 301 to 400 kWh is charged at 40.0 sen per kWh and tariff categories higher than that is more. However, before the new tariff take effect from January 1st, the existing tariff is already higher than the announced new tariff of 38.53 sen per kWh announced by the Minister.
If the new tariff lower than the existing one, why increase tariff?