Cabinet to decide on new power tariff tomorrow

Published: Tuesday February 23, 2010 MYT 3:45:00 PM
Updated: Tuesday February 23, 2010 MYT 7:16:47 PM
Cabinet to decide on new power tariff tomorrow (Update)
By FLORENCE A. SAMY

florenceasamy@thestar.com.my

KUALA LUMPUR: The Cabinet will likely decide on the electricity tariff increase on Wednesday, an outcome which is being anxiously awaited by the industry and consumers alike.

Energy, Green Technology and Water Minister Datuk Seri Peter Chin Fah Kui said the Cabinet would discuss whether to approve the increase or hold off plans to do so.

The paper on the tariff increase is with the Cabinet. If it approves the proposal, there is expected to be some increase; there cannot be a reduction, he said Tuesday after attending Tenaga Nasional Bhds Chinese New Year open house.

Among those present were TNB president and chief executive Datuk Seri Che Khalib Mohamad Noh, and board member Tan Sri Lau Yin Pin.

Chin, however, claimed that the poor would not be burdened by any tariff increase.

Below a certain amount (of usage), it will be free, he said, adding that this would ensure the poor were insulated from any increase in tariffs.

However, he declined to reveal the percentage of increase.

It was previously reported that an electricity tariff increase would likely be implemented early next month.

Chin was previously quoted as stating that the increase in the price of natural gas and coal had affected TNBs operating cost.

A tariff review, he had said, would be looked at if the price of these items changed.

The last electricity tariff review took place on March 1 last year which saw the Government subsidising household consumers who utilised electricity up to RM20 per month.

An electricity rate increase was expected in July last year but it was shot down by the Cabinet.

Source: http://thestar.com.my/news/story.asp?file=/2010/2/23/nation/20100223155022&sec=nation

wahlao, already remove oil subsidy, intro GST in the future, not to forget we pay like 300% excise tax on cars still not enough ar ? want increase our electric bill.

Have our dumbass ministers actually consider the average pay of middle-class in Malaysia.

Need to feed the dam projects, and other major projects… beside the submarine deal and other useless weapons acquisition deal too expensive to depend solely on oil an gas…