Sarawak business community welcomes lower power tariffs


KUCHING: The business community has lauded the Sarawak government’s decision to lower power tariffs of up to 50% from June 1. The significant reduction will benefit some 86,600 commercial and industrial consumers of state utility body, Syarikat Sesco Bhd.

In announcing the power tariff cut on Wednesday, Chief Minister Tan Sri Adenan Satem said 46,000 commercial consumers, like shophouses, retail shops and commercial blocks, would enjoy a reduction of 15%-50% while a further 30,500 users between 8% and 11%. The remaining 9,000 consumers, which include shopping malls, building and construction sites, ports as well as oil and gas installations, will get an average of 4% cut.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Sarawak , power tariffs

   

Next In Business News

Unilever beats first quarter sales forecasts, sticks to 2024 outlook
Oil steady as market weighs US demand concerns, Middle East conflict risks
HeiTech Padu targets stronger earnings growth after returning to black in 2023
PBOC may up bond trading
Rafizi: Govt to share details on subsidy rationalisation mechanism
Deutsche Bank Q1 profit jumps 10% as investment bank outperforms
Stocks hit by tech slide; yen flails at intervention zone
Toyota hits record annual output, sales on robust demand
Solarvest delivers 8.9MWP solar project to NTPM
Investors take profit amid regional weakness

Others Also Read