Over nine million Malaysians have saved RM2.8bil due to energy incentives


 

 

KUALA LUMPUR: About 9.2 million electricity consumers in Peninsular Malaysia have benefited from the Energy Efficiency Incentive, with total savings amounting to RM2.8bil since its introduction, aimed at easing the financial burden amid the global energy crisis.

Energy Commission (ST) chief executive officer Siti Safinah Salleh said domestic consumers using 600 kilowatt-hours (kWh) or less per month are exempted from the Automatic Fuel Adjustment (AFA) mechanism, shielding them from fluctuations in global fuel prices.

"Consumers with monthly electricity usage of 1,000kWh and below are eligible for the Energy Efficiency Incentive, which encourages more efficient energy consumption," she said in a statement on Friday (April 3).

She noted that while global fuel price volatility is expected to affect electricity generation costs, the impact remains manageable through diversified energy sources and AFA adjustments.

Siti Safinah also urged the public to adopt prudent energy usage to ensure long-term sustainability.

"We must work together to face this challenge. As energy consumers, we should use electricity efficiently and responsibly to ensure the sustainability of long-term energy supply," she said, welcoming Prime Minister Datuk Seri Anwar Ibrahim's call for collective action.

Among the practical measures recommended are setting air conditioner temperatures at 24°C, using LED lighting, and switching to the Time-of-Use tariff scheme for smart meter users.

She said households could achieve monthly savings of between five and 10% by optimising electricity use, particularly during off-peak hours from 10pm to 2pm.

Simple habits, such as switching off electrical appliances when not in use, can also help reduce consumption. Consumers are encouraged to choose energy-efficient appliances with four- or five-star ratings," she added.

She stressed that energy-saving practices not only lower electricity bills but also support national efforts to address the global energy crisis and ensure long-term energy sustainability.

Meanwhile, Deputy Prime Minister Datuk Seri Fadillah Yusof recently announced tighter energy usage controls in government buildings, including setting air conditioning temperatures at a minimum of 24°C.

The global energy crisis has been exacerbated by geopolitical tensions, including recent military conflicts involving Israel, the United States, and Iran, which have disrupted energy markets worldwide. – Bernama

 

 

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

Next In Nation

Teachers union calling for 300-litre Budi95 petrol quota
Govt fine-tuning varsity entry regs for UEC and other non-mainstream students, says PM
A non-issue: M'sia won't support Jho Low's pardon bid, says Anwar
KL to get another 100 bus stands with RM1.5mil DBKL allocation
Anwar directs ministries to engage traders, youths at KL markets
Put the people's welfare first, save political power plays for the ballot box, says Anwar
Violent Sarawak robbery gang crippled with arrest of 23
Country's fuel supply still stable with no need for rationing, says PM
Malaysia Aviation Group strengthens education and community development through Madani School Adoption programme
'Connect day' helps local SMEs link up with global semiconductor players

Others Also Read