Electricity Rates Hike Due To Rebates Cut By 33%

Consumers in peninsular Malaysia can expect higher electricity bill next year as electricity rates increase by 0.73 sen per kilowatt hour (kWh) due to a cut in the power tariff rebate.

The rebate cut does not apply for Sabah and Labuan and the tariff rate will remain at 1.20 sen/kWh, said Datuk Seri Dr Maximus Ongkili, Minister of Energy, Green Technology and Water.

The rebate in peninsular Malaysia would be reduced from 2.25 sen/kWh to 1.52 sen/kWh.

If your petrol consumption is 1,080 a month, here’s the difference in your bill after the reduction in rebate:

Before reduction of rebate

Rebate: 0.0225 per kWh

DETAILS	GST NOT APPLICABLE	GST APPLICABLE	TOTAL
Consumption (kWh):	= 300	= 780	= 1,080
Consumption (RM):	= RM 77.00	= RM 421.38	= RM 498.38
Rebate (- RM 0.0225 per kWh):	= RM - 6.75	= RM - 17.55	= RM - 24.30
Current Month Consumption (RM):	= RM 70.25	= RM 403.83	= RM 474.08
6% GST (6% x RM 403.83):			= RM 24.23
Current bill inclusive of GST:			= RM 498.30

After reduction of rebate

Rebate: 0.0152 per kWh

DETAILS	GST NOT APPLICABLE	GST APPLICABLE	TOTAL
Consumption (kWh):	= 300	= 780	= 1,080
Consumption (RM):	= RM 77.00	= RM 421.38	= RM 498.38
Rebate (- RM 0.0225 per kWh):	= RM – 4.56	= RM - 11.86	= RM - 16.42
Current Month Consumption (RM):	= RM 72.44	= RM 409.52	= RM 481.96
6% GST (6% x M 421.38):			= RM 24.57
Current bill inclusive of GST:			= RM 506.53

Based on the example above, you would see about 2% (RM8.23) increase in your overall bill.

The electricity tariffs will remain the same, at an average of 38.53 sen/kWh for the peninsula and 33.32 sen/kWh for Sabah and Labuan.

For Sabah and Labuan, the tariff reduction can be maintained because of the fall in global crude oil prices, he added.

[Source]

Image from Isotherm