Electricity tariff hike in the offing

KUALA LUMPUR: Just six months after the nation saw a tariff hike in electricity rates, consumers may see another rate rise.

But the agency given the mandate to restructure and reform the country’s power sector has proposed that the Government utilise some RM500mil in savings derived from the renegotiations of the power purchase agreements (PPAs) with independent power producers (IPPs) to mitigate the potential impact on the people.