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.

My Suggestions:

1. Switch off the lights and fan when not in used. You also need to always remind yourself to switch off the lights especially after leaving the toilet.

2. Avoid using air-conditioner. But only use it especially during hot season.

About David Lee

I'm not a perfect person but i deserve better. I'm not a perfect guy but i wil try my best. Knowing is not enough, you must apply. Willing is not enough, you must do. Ideas For You To Become Financial Freedom
This entry was posted in News & Announcement and tagged , , . Bookmark the permalink.

3 Responses to The Impact of Power Tariff Hikes

  1. ChampDog says:

    Air conditioner is definitely more significant…

  2. Anti says:

    The “correct” version of the sentence is actually “However, those households that use 300kWh or less of electricity per month will not be DIRECTLY affected by this high tariff rate. ”

    BUT they will DEFINITELY be affected INDIRECTLY when the manufacturer transfer the price hike to the consumers.

  3. David Lee says:

    @Anti: yes. You are right! So, when government said it’s not significant to those kind of consumer is fake

Leave a Reply

Your email address will not be published. Required fields are marked *