
This section contains information on TNB Pricing & Tariffs. Learn about the different categories of customers so you can know the correct pricing range. There are also different tariff rates for different categories, so check it out and be informed. Electricity Tariff Classification. Tariff Rates.
Read on for more information on Commercial Tariffs and Industrial Tariffs. There is also a section on tariffs for Mining, as well as the Specific Agriculture Tariff. Lastly, get information on TNB''s Top-Up and Standby Services regarding Co-Generators. Electricity Tariff Classification. Commercial Tariffs.
UNDERSTANDING YOUR ELECTRICITY BILL. The electric bill - it comes once a month. Most of us glance at the balance due, and make plans to pay that amount. But the electric bill is more than just the amount owed. The bill is full of information that can be useful in helping you better understand your electric usage.
Malaysia electricity prices. The residential electricity price in Malaysia is MYR 0.221 per kWh or USD 0.049. The electricity price for businesses is MYR 0.578 kWh or USD 0.129. These retail prices were collected in March 2024 and include the cost of power, distribution and transmission, and all taxes and fees.
There are also different tariff rates for different categories, so check it out and
Your electricity supply will be reconnected on the same day if payment of all TNB
Tenaga Nasional Berhad (TNB) has recently announced a retargeting of electricity subsidies which will take effect starting next week for consumers in West Malaysia. According to TNB, the latest revision will not affect 85% of domestic customers in Peninsular Malaysia. That means the remaining customers with high electricity usage will see a potential price hike in their TNB bill.
Effective 1st January 2024, the Imbalance Cost Pass-Through (ICPT) rebate of RM0.02 per kWh will only apply to domestic users who consume up to 600kWh of electricity per month between 1st January to 30th June 2024. At the moment, until 31st December 2023, the RM0.02 per kWh rebate is applicable for domestic electricity consumption of 1,500 kWh and below.
If you’re currently consuming more than 1,500kWh of electricity per month, there are no changes as the surcharge of RM0.10 per kWh remains unchanged for the period between 1st January to 30th June 2024.
If you’re wondering how much you will have to pay for electricity with the new ICPT rebate revision, TNB has an electricity forecast calculator which provides you with a clearer view of what to expect to pay based on your usage. As mentioned earlier, domestic users can still get to enjoy the RM0.02 per kWh rebate if their monthly electricity bill is 600kWh or less. You can check your total monthly consumption from the TNB app or your recent bill.
The tiered domestic rate remains unchanged at RM0.218 per kWh for usage of 200kWh and below. This is followed by RM0.334 per kWh for 201-300kWh, RM0.516 per kWh for 301-600kWh, RM0.546 per kWh for 601-900kWh and RM0.571 per kWh for 901kWh and above.
According to TNB’s calculator, domestic users with a total consumption of 300kWh will be billed RM71.00 while consumption of 500kWh will be billed RM170.20. The amount includes both the service tax as well as the ICPT.
If your monthly consumption is exactly 600kWh, your forecasted bill is RM219.80 as it is still eligible for the 2 sen per kWh rebate. However, the moment, it tips to 601kWh, the estimated bill jumps to RM232.38 as there’s no rebate applicable. That’s an extra RM12.58 to the bill for a mere 1kWh extra of usage.
Meanwhile, a domestic user with 900kWh consumption will have to pay RM405.43 as there’s no ICPT rebate (RM18.00 extra). For a high usage of 1550kWh, a domestic user will be billed RM959.55 as it includes the 10 sen per kWh surcharge (Total RM155 surcharge for 1,550kWh usage). If you’re paying an insane amount for your monthly electricity bills, you might want to consider a home solar system to reduce your consumption from the grid.
To calculate your estimated electricity bill, you can check out TNB’s MyElectricityBill website.
In case you’re wondering, Imbalance Cost Pass-Through (ICPT) is a mechanism under the Incentive Based Regulation (IBR) framework which allows for TNB, as the utility, to reflect changes in fuel and other generation-related costs in the electricity tariff. The government reviews the ICPT every 6 months taking into consideration the cost of fuel and generation.
Essentially, the idea is if there’s a drop in global fuel prices, a rebate will be given to customers. But if there’s an increase in fuel prices, consumers will be charged a surcharge instead. You can learn more about ICPT below:
Compare prices between different insurer providers and use the promo code ''PAULTAN10'' when you make your payment to save the most on your car insurance renewal compared to other competing services.
Anthony Lim believes that nothing is better than a good smoke and a car with character, with good handling aspects being top of the prize heap. Having spent more than a decade and a half with an English tabloid daily never being able to grasp the meaning of brevity or being succinct, he wags his tail furiously at the idea of waffling - in greater detail - about cars and all their intrinsic peculiarities here.
Tax the rich, and sayang the poors. B40 monthly bil elektrik below rm100.. so not affected
All EV owners still vote for current PH BN gomen cuz in 1 year alredi saved rm4000 rotek
Good and fair… If you cry and bxxch about it, means you cant afford it.. Get on with it..
I can afford rm5 a little of petrol doesn''t mean I want to pay RM5/L is all about choices choices like going back to ice, or you know, change the administration.There is nothing good about price increase unless you are a TNB employee or shareholder.And how is it fair when it is not a free market to generate and sell electricity? Is a monopolistic industry unlike a telco.
How do utility employee and it’s shareholder gain from this? It’s the government who doesn’t have to fork up more subsidies.
Hello brother, since when it is monopolistic.
Who is YTL?Who is SESB?Who is Malakoff?Sarawak Energy?,Since when Malaysian energy industry is monopolistic, some vendor(s) provided higher tariff to TNB to sell to the public, hence high price, maybe can do a little research.
Hahaha duty free fine print.
I love this brilliant move save the environment, thanks PMX
Nowadays a cup of coffee cost more then rm12…
About Electricity rates malaysia
As the photovoltaic (PV) industry continues to evolve, advancements in Electricity rates malaysia have become critical to optimizing the utilization of renewable energy sources. From innovative battery technologies to intelligent energy management systems, these solutions are transforming the way we store and distribute solar-generated electricity.
When you're looking for the latest and most efficient Electricity rates malaysia for your PV project, our website offers a comprehensive selection of cutting-edge products designed to meet your specific requirements. Whether you're a renewable energy developer, utility company, or commercial enterprise looking to reduce your carbon footprint, we have the solutions to help you harness the full potential of solar energy.
By interacting with our online customer service, you'll gain a deep understanding of the various Electricity rates malaysia featured in our extensive catalog, such as high-efficiency storage batteries and intelligent energy management systems, and how they work together to provide a stable and reliable power supply for your PV projects.
Related Contents