PETALING JAYA: The reduction of 1 sen/kWh from July to December 2024 in ICPT (imbalance cost pass-through) surcharge has been called "minimal" and "disappointing" by the Federation of Malaysian Manufacturers (FMM).
FMM president Tan Sri Soh Thian Lai said that despite a decline in coal prices over the past year, the surcharge for commercial and industrial users has only been lowered from 17 sen/kWh to 16 sen/kWh.
