New electricity tariff rates to be affected by rising global coal prices, says analyst


KUALA LUMPUR: The rise in global coal prices is expected to affect the new electricity rates for the next three years, which will be announced by the government soon, says analysts.

In fact, Universiti Putra Malaysia’s School of Business and Economics Assoc Prof TS Dr Anuar Shah Bali Mahomed did not rule out the possibility of an increase in the electricity tariff rates for industries that had previously made extraordinary profits due to higher demands for the fossil fuel.

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!
   

Next In Nation

Parents urged to lodge complaints if schools organise outdoor activities in hot weather
Miti to draw up comprehensive strategic semiconductor plan, says PM Anwar
Flash floods hit areas along Sg Linggi after heavy rain in Negri
Perak drawing up development guidelines at cave, hillside temples
Lahad Datu OCPD's teen daughter found dead from gunshot
Family of 14 left homeless after their stilt house collapses in Karamunting
Three houses destroyed in Keningau fire
Immigration Dept nabs 26 undocumented foreigners during ops in Johor
Army to take action if contractor fails to deliver Black Hawk helicopters
Floods hit several areas in Subang, Sungai Buloh

Others Also Read