A DAP Member of Parliament has claimed that the electricity tariff reduction of 2.25 sen/kWh under the imbalance cost pass through (ICPT) mechanism will not help the Joint Management Body (JMB) or the Management Corporation (MC) of high-rise residential buildings.
Tanjong MP Ng Wei Aik said that with the tariff reduction, the JMBs or MCs were unable to utilise the saving costs for other maintenance and management purposes.
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