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Electricity rebates worth RM2.57 billion since March last year

Bernama
Bernama
19/05/2016
01:51 MYT
Electricity rebates worth RM2.57 billion since March last year
The ministry said it was unable to assure that the electricity tariff rate will not upsurge in the future.
Electricity tariff rebates totalling RM2.57 billion has been allocated to users through the Imbalance Cost Pass-Through mechanism from March 2015 until June this year.
According to the Ministry of Energy, Green Technology and Water, the rebates were given thrice throughout the period, namely 2.25 sen/kWj for the period from March until June 2015; 2.25 sen/kWj for July until December 2015 and 1.52 sen/kWj for the period from January until June 2016.
"The rebates given show the government's commitment in ensuring that the tariff rate set for users takes into consideration the actual cost of electricity supply," according to the ministry in a written reply in Parliament here, Wednesday.
It was in reply to Datuk Irmohizam Ibrahim (BN-Kuala Selangor) who wanted the ministry to state the government's efforts in ensuring that the electricity tariff does not continue to soar.
However, the ministry said it was unable to assure that the electricity tariff rate will not upsurge in the future.
"If there is any increase or decrease in electricity tariff, it would be due to the cost of fuel which is the main component in determining the electricity tariff," he said.
Related Topics
#electricity tariff
#Imbalance Cost Pass-Through
#Irmohizam Ibrahim
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