[UPDATED]: Good news on electricity bills coming soon, says Anwar

PUTRAJAYA: Prime Minister Datuk Seri Anwar Ibrahim has hinted at positive news about rising electricity bills that have strained some households. Anwar stated that a statement on the topic would be released shortly. TNB, the utility company, has finalized its arrangements, with a statement forthcoming. Anwar reassured reporters at the Finance Ministry today that good news was on the horizon.

He chaired an hour-long meeting to explore ways to lessen the burden of increasing electricity costs on families. This meeting came after Anwar announced the previous day that the Ministry of Finance, Energy Transition and Water Transformation Ministry, Energy Commission, and TNB would convene to discuss urgent steps to alleviate the impact of higher electricity bills for those affected.

Anwar noted that around 80% of domestic users consuming up to 600 kilowatt-hours per month remained shielded from rate hikes tied to escalating fuel expenses. Nevertheless, recent haze and heatwave conditions have led some households to consume more electricity than the 600kWh limit, placing them under the Automatic Fuel Cost Adjustment (AFA).