KUALA LUMPUR: There will be no increase in electricity charges for consumers in the peninsula for now, the Energy Commission has announced.
It said this followed the decision by the government to delay the implementation of Tenaga Nasional Bhd’s (TNB) Incentive-Based Regulation (IBR) for Regulatory Period 3 (RP3).
Under the IBR, TNB was allowed to reflect an increase or reduction in fuel and other generation-related costs in electricity tariffs every six months in the form of a rebate or surcharge.
The average electricity tariff will remain at 39.45 sen/kWh in the peninsula until further notice by the government, Bernama reported the commission as saying.
The government has also decided to delay the adjustment of electricity tariff under the Imbalance Cost Pass-Through (ICPT) mechanism and maintain an ICPT rebate of 2.00 sen/kWh in the peninsula for the time being.