Car prices up due to electricity tariff hike, says MAA
On December 16 last year, the government, through the Energy Commission , gave Tenaga Nasional the approval to continue implementing the Imbalance Cost Pass-Through mechanism for the period of Jan 1 to June 30, 2023. ICPT is a mechanism under the Incentive Based Regulation framework which allows for Tenaga Nasional to reflect changes in fuel and other energy generation-related costs in the electricity tariff.
for households as well as small and medium-sized enterprises . This was clearly reflected in the EC’s press release, whereby domestic users would maintain a rebate of 2 sen/kWh. Meanwhile, non-domestic users under Tariff B and D as well as Tariff H, H1 and H2 would maintain a surcharge of 3.7 sen/kWh.
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