KUALA LUMPUR (Dec 23): Tenaga Nasional Bhd (TNB) has announced an electricity rebate of two sen per kilowatt hour (kWh) for domestic and industrial users for the first half of 2021. Beginning from Jan 1, 2021 until June 30, 2021, the government has approved an ICPT (Imbalance Cost Pass-Through) rebate of two sen/kWh for all customers including domestic customers with monthly consumption of 300kWh and below. This ICPT rebate is a result of a reduction in actual fuel costs for the period of July to December 2020, consistent with the reduction in actual coal and gas prices for the power sector, TNB said in a filing with Bursa Malaysia.
23 Dec 2020 / 20:12 H.
KUALA LUMPUR: Domestic and industrial customers will be able to enjoy electricity rebates of two sen per kilowatt hour (kWh) from Jan 1 to June 30, 2021.
Energy and Natural Resources Minister Datuk Dr Shamsul Anuar Nasarah
(pix) said with the rebate, 7.5 million domestic consumers would see a reduction of between 3.6 per cent and 9.2 per cent in their electricity bills, while commercial users would experience between four per cent and 5.2 per cent reduction in their bills.
Meanwhile, industrial users will see a reduction of between 4.6 per cent and 6.1 per cent, he said.
Shamsul Anuar said the government had agreed to maintain Tenaga Nasional Bhd’s (TNB) average base tariff at 39.45 sen/kWh for 2021.
Electricity demand dips, renewable energy gains momentum 16 Dec 2020 / 10:41 H. Pix for representational purpose only.
KUALA LUMPUR: The fallout from Covid-19 has a significant impact on electricity consumption trends in Malaysia and elsewhere as movement restrictions to stop the spread of the virus have led to sudden change of socioeconomic habits such as commuting, working and playing.
At the peak of the pandemic, only essential industries were allowed to operate, even some at only 50 percent capacity, while the rest of the industries were either shutdown or adapted to remote working practice.
It resulted in a sudden decline in energy demand, especially in commercial and industrial usage.