Tenaga Nasional Berhad has been informed by the Government via the Energy Commission that it had decided to continue with the current parameters of Incentive Base Regulation (“IBR”) for Regulatory Period 2 Extension, and continue the current electricity tariff schedule, effective from 1 January 2022 until further notice.
At the same time, the Government had also decided to continue the implementation of Imbalance Cost Pass-Through (“ICPT”) mechanism and maintain an ICPT rebate of 2.00 sen/kWh currently implemented to all customers including domestic customers with monthly consumption of 300 kWh and below, effective from 1 January 2022 until further notice.
In this aspect, TNB stated that the impact of ICPT implementation, based on the Regulatory Implementation Guidelines, is neutral and will not have any effect on its business operations and financial position.
