KUALA LUMPUR, Dec 7 The domino effect of skyrocketing fuel prices due to geopolitical tension between Ukraine and Russia, coupled with the volatility in supply and demand, has.
KUALA LUMPUR: Fossil fuel comprising coal, natural gas and petroleum remains a vital role in the electricity industry globally and with skyrocketing fuel prices, Malaysia and elsewhere are feeling the brunt of rising cost of generation.
COMMERCIAL and industrial (C&I) users of electricity have questioned why Tenaga Nasional Bhd (TNB) should impose a surcharge on them following the approval of tariff setting for 2022 to 2024.
Datuk Dr Shamsul Anuar Nasarah. -Bernama filepic
PETALING JAYA: The two sen per kilowatt-hour (kWh) rebate for all Tenaga Nasional Bhd (TNB) account holders will be extended for another six months from July 1 until Dec 31 but at a slightly reduced rate.
Energy and Natural Resources Minister Datuk Dr Shamsul Anuar Nasarah said 9.44 million TNB account holders will benefit, which he said would involve an additional allocation of RM493mil from Kumpulan Wang Industri Elektrik (KWIE). The additional rebate will enable all TNB account holders to enjoy an average discount of 5% during that period, he said during a special online press conference on Monday (June 28).