Tag Archives: electricity tariff

The Impact of Power Tariff Hikes

The news on new electricity tariff has caught everyone dumbfounded recently. The average electricity tariff will be increased by 7.12% due to revision of gas prices for power sector.

However, those households that use 300kWh or less of electricity per month will not be affected by this high tariff rate. Meanwhile, our government will also continue to provide rebate to domestic consumers whose monthly electricity bills amount to RM20 or less until end of this year.

TNB new tariff

The increase in power tariff is also part of a plan to cut government subsidies. We have been assured that the effect of the power tariff hike on inflation would not be significant. But, we must always remind that it will trigger some increase in the cost of living although the impact is expected to be less than that from an increase in fuel prices.

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Will Malaysia Electricity Tariff Hike?

Many people also agree that prices always go up instead of going down. The value of money will go down. When every Malaysian is trying hard to cope with the fuel price hike, sugar price hike, and cigarette price hike, the news on new electricity tariff has caught everyone attention as well.

electricitytariff

Our current electricity tariff is – the first 200 kW of usage, the rate is 0.218(rate) x 200(unit) but if your electricity usage is beyond the first 200 kW, the rate is 0.334. Let say if your electricity tariff for the month is 225 units, then the calculation will be like this:

200 kWh x 0.218 = RM43.60
25 kWh x 0.334 = RM8.35

Total = RM51.95

Be Prepared Before Bad Thing Come

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