Electricity surcharges, rebates under ICPT are in sen, not ringgit, says SESB

KOTA KINABALU: Surcharges or rebates imposed on users through the Imbalance Cost Pass Through (ICPT) mechanism implemented in Sabah and the Federal Territory of Labuan are in sen and not ringgit, says Sabah Electricity Sdn Bhd (SESB).

SESB chief executive officer Mohd Yaakob Jaafar said the implementation of the ICPT at a rate of 7.21 sen/kWh is for a six-month period from Jan 1 to June 30, 2024.