Global fuel shock drives electricity costs, but 8 million Malaysian households remain protected - DPM II
ABOUT eight million domestic electricity users in Peninsular Malaysia will remain shielded from additional electricity charges until the end of the year, as surging global fuel prices and reduced power generation capacity drive up electricity costs. ...
Global fuel shock has led to an increase in electricity costs in Malaysia, but approximately eight million domestic electricity users in Peninsular Malaysia remain protected from additional charges until the end of the year. Deputy Prime Minister Datuk Seri Fadillah Yusof announced that households consuming up to 800 kilowatt-hours (kWh) a month will be exempt from Automatic Fuel Adjustment (AFA) surcharges, sales and service tax (SST), and retail charges from September 1 to December 31.
The government expanded this protection on September 18 to mitigate the impact of the global energy crisis on consumers. Factors contributing to the surge in electricity bills include rising global gas and coal prices due to geopolitical tensions in West Asia, increased air-conditioner usage due to prolonged hot weather, and lower hydropower generation.
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