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RM100 bln savings in utility bills through EECA

11 Oct 2023, 12:08 PM
RM100 bln savings in utility bills through EECA

KUALA LUMPUR, Oct 11 — The Dewan Rakyat passed the Energy Efficiency and Conservation Bill 2023 today, securing the country’s long-term goal of saving nearly RM100 billion in utility bills by 2050.

Natural Resources, Environment, and Climate Change Minister Nik Nazmi Nik Ahmad said once the legislation is enforced, nearly 200,000 kilotonnes in estimated carbon emissions can be achieved.

“After this, the Energy Efficiency and Conservation Act (EECA) will become a comprehensive legislation in addressing energy efficiency issues,” he said when winding up the debate on the Electricity Supply (Amendment) Bill 2023 in Parliament today.

The Dewan Rakyat sitting passed the Energy Efficiency and Conservation Bill 2023 to regulate efficient energy use and energy conservation, enhance energy efficiency, and prevent energy wastage.

Nik Nazmi said the law will be enforced within 12 months after it is gazetted.

“The priority of the ministry and the Energy Commission after the Act is passed is to provide clarification and explanations to all stakeholders to understand and implement the provisions in this act, especially in energy audit, energy saving measures, and reporting,” he said.

Meanwhile, the Dewan Rakyat also passed the Electricity Supply (Amendment) Bill 2023, which, among other things, amended several provisions in the Electricity Supply Act 1990, following the enactment of EECA.

— Bernama

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