Postpone the increase in electricity tariffs

Postpone The Increase In Electricity Tariffs

KUALA LUMPUR – The government is obliged to postpone any form of electricity tariff increase at least until the supply shortage crisis that caused the sharp rise in prices of essential goods recovers.

Parti Amanah Negara vice president Datuk Seri Salahuddin Ayub said electricity tariffs are expected to increase from July 1 by Tenaga Nasional Berhad (TNB) as well as other power companies around the world that are under pressure. by the increase in production costs due to the increase in coal prices of more than 117 % since the end of last year.

However, raising the electricity tariff when consumers are already heavily pressured by the rising price of other necessities is definitely very inappropriate.

In fact, any increase in the cost of electricity will definitely contribute to the increase in operating and production costs that will end up being borne by consumers, he said.

“TNB as a giant GLC with a cumulative profit of over RM52 billion will definitely be able to absorb the impact of rising fuel costs and its operating costs.

“The proof is that while fuel costs increased by 26% over the course of 2021, TNB’s operating profit increased by 10% (RM 742 million) on the year,” he added.

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According to Salahuddin, the additional announcement by the Malaysian Family Assistance of RM100 and RM50 today will also be useless and will not help the people of Marhaen if the inflation rate continues to rise due to rising electricity tariffs for both commercial and domestic consumers. consumers. – MalaysiaGazette

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