The next electricity tariff revision for Peninsular Malaysia will be in January 2018 after the government agreed to maintain the power tariff rebate of 1.52 sen/kWh from July 1 to Dec 30 this year.
Energy, Green Technology and Water Ministry Secretary General Datuk Seri Ir Dr Zaini Ujang said the revision pertaining to the electricity supply revision is undertaken by the Energy Commission under the Imbalance Cost Pass-Through (ICPT) policy every six months.
"The latest was for January to June 2017.
"But on June 30, the government agreed to spend RM1.303 billion to cover the rising cost of fuel and electricity supply generation in the peninsular from July to December this year," he said in an interview on Bernama News Channel's "Ruang Bicara" programme on Wednesday.
Also present was Tenaga Nasional Bhd (TNB) Vice President (Regulatory Economics and Planning) Datuk Roslina Zainal.
Zaini said the expenditure of RM1.303 billion translates to a rate of 2.54 sen/kWh, where 1.52 sen/kWh is used to maintain the power tariff rebate and 1.02 sen/kWh to cover the surcharge for the rising cost of fuel and paid directly to TNB and independent power producers such as Malakoff Corporation Bhd and YTL Power Generation Sdn Bhd.
"This means the government did away with the charge that was supposed to have been imposed on consumers and took the decision to maintain the ICPT rebate rate of 1.52 sen/kWh to ensure electricity supply at the same tariff rate,' he added.
Zaini also said the future base tariff will also be decided in January 2018.
"At present, the base tariff to be revised every three years is at a fixed 38.53 sen/kWh," he added.
The base tariff also takes into account the base price for key fuel such as piped gas, coal and liquefied natural gas.
It also takes into consideration operational maintenance costs and development for the utility companies, including the "Return on Regulated Asset Base" (RORB), and decided by the government for four years from Jan 1, 2014 to Dec 31, 2017.
Determining the electricity tariff for the peninsular is according to the Incentive Based Regulations (IBR) framework comprising two important components, namely the ICPT and base tariff.
The base tariff is to cover all costs related to the supply of electricity to consumers.
-- BERNAMA
Bernama
Sat Jul 08 2017
On June 30, the government agreed to spend RM1.303 billion to cover the rising cost of fuel and electricity supply generation in the peninsular from July to December this year. - FILEpic
Kedaulatan Digital: Astro gesa kerajaan semak undang-undang kukuh kuasa penguatkuasaan
Kerajaan digesa untuk membuat semakan undang-undang bagi mengukuhkan kuasa penguatkuasaan dalam membantu agensi berkaitan bertindak dengan lebih pantas demi kedaulatan digital Malaysia.
Tiga anggota polis direman kes rasuah pemandu lori
Tiga anggota polis direman empat hari sehingga Ahad bagi membantu siasatan kerana disyaki meminta dan menerima rasuah daripada pemandu lori di Mersing.
DOSM tambah 300 kaunter daftar PADU
Jabatan Perangkaan menambah 300 kaunter fizikal di seluruh negara dalam memastikan proses mengemas kini maklumat dalam sistem PADU lancar.
Wanita 20 tahun ke atas disaran jalani saringan kesihatan kesan NCD
"Jangan tunggu ada simptom baru nak uji, masa tu tak tahu sama ada komplikasi sudah berlaku atau tidak."
India bantah keras kenyataan AS berhubung penahanan Ketua Menteri Delhi
Pandangan negara luar berhubung penahanan Kejriwal dilihat telah merisaukan Kerajaan India.
Kuasa bekukan permit pemindahan padi antara negeri di bawah Akta 522 - KPB
Kuasa membekukan permit pemindahan padi antara negeri adalah di bawah Akta Kawalan Padi dan Beras 1994 (Akta 522) melalui fungsi Ketua Pengarah KPB.
Air Balang RM1 jadi tumpuan Bazar Ramadan Temenggong, Kulai
Bukan sekadar berniaga, pengusaha Air Balang RM1 juga ambil kesempatan lakukan jariah di bulan penuh kemuliaan.
Anggota polis didakwa minta, terima rasuah direman empat hari
Tiga anggota polis direman selama empat hari bagi membantu siasatan berhubung dakwaan meminta dan menerima rasuah berjumlah RM7,800.
Persembahan bertenaga Dolla pukau penonton di China
Aksi bertenaga mereka mendapat sambutan hangat daripada penonton di negara itu, menandakan langkah berani Dolla keluar dari zon selesa di negara ini mula menampakkan hasil.
AWANI Ringkas: Agihan RM0.67 bilion
Ikuti rangkuman berita utama yang menjadi tumpuan sepanjang hari di Astro AWANI menerusi AWANI Ringkas.
Zaini Ujang sekali lagi dilantik KSU KPT
Datuk Seri Dr Zaini Ujang sekali lagi dilantik sebagai Ketua Setiausaha (KSU) Kementerian Pendidikan Tinggi (KPT).
PKP: Ada hikmah di sebalik tidak dapat balik kampung - KSU KASA
Tidak dapat pulang berhari raya di kampung merupakan antara hikmah pelaksanaan Perintah Kawalan Pergerakan (PKP) 3.0 yang diumum baru-baru ini.
Muat turun aplikasi MyPublicInfoBanjir untuk ketahui maklumat terkini banjir
Orang ramai digalak memuat turun aplikasi MyPublicInfoBanjir menerusi telefon pintar masing-masing.