Govt to meet tomorrow to review measures to mitigate impact of higher electricity bills


Prime Minister Datuk Seri Anwar Ibrahim.

KUALA LUMPUR: A special meeting will be held tomorrow with the Ministry of Energy Transition and Water Transformation (PETRA), the Energy Commission (EC), Tenaga Nasional Bhd (TNB) and the Ministry of Finance (MoF).

The meeting will review immediate mitigation measures to reduce the impact of the electricity bill increase on affected households.

Prime Minister Datuk Seri Anwar Ibrahim said that upon his return from India and the Maldives, his attention remained focused on the people's concerns regarding the recent increase in electricity bills.

"I have heard the complaints raised, and this matter needs to be given attention and addressed immediately.

"I would like to emphasise that the effort to target subsidies will continue to be maintained to protect the majority of the people," he said in a statement here today.

Anwar, who is also the Minister of Finance, said that around 80 per cent of domestic users who consume electricity not exceeding 600 kilowatt-hours (kWh) per month remain protected and are not affected by the rate increase following the rise in fuel costs this year.

"However, the haze conditions and hotter weather recently have driven an increase in electricity consumption among some households, causing their monthly usage to exceed the 600 kWh threshold and thus subjecting them to the Automatic Fuel Cost Adjustment (AFA)," he said.

Therefore, the MADANI government will continue to ensure that every step in targeting subsidies is implemented fairly and reasonably, with the interests and well-being of the people always being a priority, he added. - Bernama Anwar Ibrahim, electricity bill, TNB, MOF, EC, hot weather, haze, special meeting

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Japan's Nikkei rallies as firm oil prices lift energy producers
Boosting regional energy security
Dollar edges lower before expected Fed hike�
South Korean shares snap four-day losing streak as chipmakers rebound
MARC Ratings upgrades Sunway Group’s ratings on stronger balance sheet
UK inflation speeds up to 3.1% but underlying price growth stable
Real or not, Trump's helicopter money drop should alarm Warsh: Mike�Dolan
Southeast Asia growth divergence seen widening over next decade
China-Asean trade receives protocol push
Asia-Pacific to drive global aviation growth, require 19,120 new aircraft

Others Also Read