KUALA LUMPUR (Bernama): Tenaga Nasional Berhad (TNB) has pledged RM150mil to support the government’s announcement of a tiered electricity rebate to assist affected Malaysians following the extension of the movement control order (MCO) period until April 14.
TNB president and chief executive officer Datuk Seri Amir Hamzah Azizan said the reduced electricity bills would be jointly subsidised by the government, TNB as well as funds from the Kumpulan Wang Industri Elektrik (KWIE).
"TNB is fully supportive of the government’s effort to provide some relief to the affected households as well as committed to channel funds towards initiatives that can directly assist Malaysians,” he said.
He said TNB has also recently pledged RM10mil to the Ministry of Health to help replenish diminishing medical supplies at the frontlines of the nation’s medical and healthcare institutions in the fight against Covid-19.
On Friday (March 27), Prime Minister Tan Sri Muhyiddin Yassin announced a tiered rebate for electricity bills of between 15% and 50% for domestic users in Peninsular Malaysia, with almost 90% of residential consumers in the peninsula would automatically receive the rebate effective April 1 until Sept 30.
It said under the tiered rebate, three million domestic consumers with monthly consumption below 200 kilowatt hour (kWh) would receive 50% rebate; 1.5 million consumers with monthly consumption between 201kWh and 300kWh would receive 25% rebate; and 2.2 million consumers with monthly consumption between 301kWh and 600kWh would be receiving 15% rebate.
Those among the B40 group would be benefiting from the highest rebate rate of 50% that would be reflected in electricity bills beginning May. - Bernama
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