Politics

No Hike In Electricity Tariffs In Feb, Subsidies Worth More Than RM700 Mil Continued

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The government has decided not to increase the electricity tariffs rate for 2022 to 2024 which was supposed to be implemented on 1 February.

Cabinet has decided not to increase electricity tariffs for more than nine million domestic users. In line with this, the government has decided to continue subsidies worth more than RM700 million so that domestic users are not affected.

Prime Minister Ismail Sabri Yaakob said in a tweet.

According to Malaysiakini, this decision was made less than 48 hours after Energy and Natural Resources Minister Takiyuddin Hassan announced the new tariff would most likely be implemented.

READ MORE: New Electricity Tariffs Will Be Announced Before 1 February

On Thursday (27 January), Takiyuddin said the new tariff would not burden the people.

He added that it’ll benefit almost 85% of Malaysia’s eight million account holders or approximately 6.8 million account holders nationwide.

READ MORE: Government To Announce New Electric Tariffs. Promises No Burden To Rakyat


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