PUTRAJAYA, Dec 21 — There will be no electricity tariff hike for users in Peninsular Malaysia with the implementation of the Imbalance Cost Pass-Through mechanism from January 1 to June 30 next year.
The Energy Transition and Water Transformation Ministry (Petra) said it was a decision made by the government on December 13 to guarantee the well-being of the people by ensuring domestic consumers remain protected through the implementation of targeted electricity subsidies.
“Overall, the amount of electricity subsidies from January to June 2025 that will be financed by the government will be RM2.388 billion.
“Petra believes the implementation of targeted electricity subsidies is the best approach to reduce the government’s subsidy commitment so the allocation can be channelled in other forms of assistance to the people,” it said in a statement today.
It said the initiative allows the government to improve public infrastructure and healthcare, as well as support the country’s education sector.
Last June 29, Petra announced the rebate of 2 sen/kWh would be maintained for 6.9 million domestic consumers under 600kWh, no change for 1.3 million consumers under 1,500kWh, and a rebate of 10 sen/kWh for 85,000 consumers over 1,500kWh.
The government also agreed to set the average basic electricity tariff rate in the peninsula for Tenaga Nasional Bhd under the framework of Incentive Based Regulation for the Fourth Regulatory period from January 1 to December 31, 2027.
Accordingly, the government through the Energy Commission is finalising a new tariff schedule that reflects the actual cost of electricity supply and is more competitive, while maintaining the balance of the energy trilemma (security, sustainability and affordability).
This new tariff schedule is proposed for implementation on July 1, involving a financial implication at about RM3.57 billion, funded by the government.
Petra said the government is committed to ensuring the welfare of low-income groups through the RM40 Electricity Rebate Programme for users in the hardcore poor category registered on e-Kasih, with an allocation of RM55 million.
“Eligible users can check their eligibility status on the website, visit their nearest utility store, or view the subsidy amount in their monthly electricity bill,” it said.
— Bernama
