{"id":30499,"date":"2017-07-14T16:11:11","date_gmt":"2017-07-14T08:11:11","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=30499"},"modified":"2017-07-14T16:12:00","modified_gmt":"2017-07-14T08:12:00","slug":"electricity-rebate-malaysia","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/electricity-rebate-malaysia","title":{"rendered":"Malaysians Enjoyed RM5.4 Billion Rebate On Electricity"},"content":{"rendered":"
Consumers in the peninsula have been enjoying rebates on their electricity bill of around RM5.4 billion from March 2015 to December 2017.<\/p>\n
The Energy, Green Technology and Water Ministry said Putrajaya also spent around RM3.79 billion from 2012 to 2017 to accommodate fuel cost and subsidies.<\/p>\n
This has allowed Malaysians living in Sabah to enjoy a lower electricity tariff compared to the actual cost of supplying electricity.<\/p>\n
According to the ministry, the government spent RM1.04 billion through the RM20 Rebate Programme in October 2008 by absorbing monthly electric bills of RM20 and below.<\/p>\n
Malaysians will also be paying a lower rate compared with the base electricity tariff, as Putrajaya absorbed the 1.02 sen\/kWh surcharge while maintaining the 1.52 sen\/kWh rebate, bringing the total rebate to 2.54 sen\/kWh for that period.<\/p>\n
The higher rebates are reported to be the result from the rise in electric supply costs due to a 36% rise in coal prices, the falling ringgit and increasing piped gas prices.<\/p>\n