Cost of power tariff to reach almost RM20bil

KUALA LUMPUR: The cost of electricity tariff adjustment through the Imbalance Cost Pass-Through (ICPT) mechanism from July to December this year is estimated to reach almost RM20bil, the Dewan Negara heard.Energy and Natural Resources Minister Datuk Seri Takiyuddin Hassan said the amount was three times higher than the RM7bil recorded from January to June this year.

“Just imagine, RM7bil equals an ICPT surcharge of 11.81 sen/kWh (which should be imposed on all users). If the amount reaches almost RM20bil, the government is taking a cautious approach.