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2025 power tariff still under review, says Fadillah

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The energy transition and water transformation minister said the government had not been consulted nor informed by Tenaga Nasional about tariff increases.

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Free Malaysia Today
Tenaga Nasional announced on Thursday that it had proposed a base tariff of 45.62 sen per kilowatt-hour from July 2025. (Bernama pic)

KUALA LUMPUR:
The government is still finalising the new electricity tariffs to be imposed from July 2025 in Peninsular Malaysia, deputy prime minister Fadillah Yusof said today.

Fadillah, who is minister of energy transition and water transformation, said no decision had yet been made on the new tariff.

Fadillah Yusof
Fadillah Yusof.

“As stressed by the prime minister, any increases that could burden the public will not be allowed,” he said in a statement today, which followed yesterday’s announcement by Tenaga Nasional Bhd (TNB) that the company had proposed a base tariff of 45.62 sen per kilowatt-hour (kWh) from July 2025.

Fadillah said his ministry was neither consulted nor informed by TNB about tariff increases in the peninsula.

He said the ministry and the Energy Commission were in the process of finalising the new electricity tariff schedule. Fadillah said the review of the base electricity tariff was necessary due to the need to reassess fuel prices, particularly for coal and gas.

Fadillah said the government would ensure that tariffs are competitive and affordable for domestic users and small businesses.

In addition, the government will continue providing targeted electricity subsidies to ensure that 85% of domestic users with monthly electricity consumption of 1,500kWh or less will not be affected.

However, commercial and industrial users with high electricity consumption and substantial profits would need to pay at actual market rates.

Fadillah said the government encourages such users to install solar panels and energy storage systems at their premises and implement energy efficiency initiatives.

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