PM hopes lower power tariff can ease burdens 
MalaysiaKini.com
Feb 11, 2015 

Prime Minister Najib Abdul Razak hopes the new electricity tariff announced today, which is consistent with the drop in fuel and generation costs, can ease the cost of living.

In his postings on his Facebook and Twitter pages today, the prime minister said the Government would continue to prioritise the welfare of the people.

"After reviewing the fuel and generation costs, the Cabinet today decided to reduce the electricity tariff for domestic users in Peninsular Malaysia from March 1, 2015," he said.
Setelah semakan semula kos bhn api & penjanaan, Kabinet pd hari ini memutuskan utk mengurangkan tarif elektrik bg pengguna SemMsia dr 1Mac

— Mohd Najib Tun Razak (@NajibRazak) February 11, 2015
 
Saya harap tarif baru ini, selaras dgn penurunan kos bhn api dan penjanaan, dpt bantu kos sara hidup. Krjn akn terus utamakan kebajikan rkyt

— Mohd Najib Tun Razak (@NajibRazak) February 11, 2015
Energy, Green Technology and Water Maximus Ongkili had earlier announced that consumers in Peninsular Malaysia would be able to enjoy a drop in the electricity tariff based on the Imbalance Cost Pass-Through (ICPT) mechanism at a rate of 2.25 sen for every kilowatt hour (kWh), while the average tariff rate for Sabah and the Federal Territory of Labuan is reduced by 1.20/kWh effective.

The reduction for both Peninsular Malaysia and Sabah and Labuan is from March 1 to June 30, 2015.

Ongkili said the matter was decided during the Cabinet meeting today after being informed of the cost of ICPT saving which could be passed to consumers in the form of a lower tariff amounting to RM726.99 million after taking into account the drop in the costs of global fuels and generation.

- Bernama 

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