KUALA LUMPUR: The government has decided to maintain the current electricity tariff rate for domestic users in Peninsular Malaysia for the Regulatory Period 3 (RP3) from Feb 1 to Dec 31, 2024 under the Incentive-Based Regulation (IBR) mechanism.
According to the Energy Commission (EC), the tariff rate has been used since Jan 1, 2014 when the IBR mechanism was introduced as a new policy in the setting of electricity tariffs, and this decision also applies to commercial and industrial users.
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