Malaysia cuts power rates

Malaysia cuts power rates

KUALA LUMPUR (AFP): Malaysia's power utility Tenaga Nasional
Bhd. will reduce power charges for lower-end consumers under a
tariff revamp which could see higher electricity rates for all
other sectors, news reports said yesterday.

Tenaga deputy general manager Nik Mohamed Nik Abdullah said
the state-owned utility would charge a minimum 20 sen (US$0.08)
for the first 200 units of power used, extending the rate from
just 100 units currently.

Subsequent units are currently charged at 22 sen with an
escalation to 26 sen at the higher end.

The government said last week the tariff review was part of
the country's anti-inflation drive but analysts pointed out that
Tenaga's total tariff restructuring was expected to see higher
power rates for all other sectors.