Government allocates RM 114 million to subsidize electricity – BorneoPost Online | Borneo, Malaysia, Sarawak Daily News



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Yeo expresses it during the meeting of the town hall. – Bernama photo

PUTRAJAYA: The government allocates RM 114 million to subsidize the electricity surtax for 81.7% of domestic users between July and December of this year, said Yeo Bee Yin, Minister of Science, Technology , Climate Change and the Environment

. said that the allocation of the Kumpulan Wang Industri Elektrik subsidy (KWIE) would guarantee that domestic users would not have to pay increase in electricity tariffs, which would be re-examined every six months.

"So, if you look at your house bill, there will be no markup, it will be zero, because the government has paid for you.This comes from our KWIE fund. the fund to amortize our users, "she said in response to comment from Rafizi Ramli, vice president of PKR, on the rise in electricity tariffs

. Speaking to reporters after yesterday attending a discussion meeting with players from the energy industry, Yeo explained that she would explain how the government spent RM 114 million to subsidize domestic users next week .

"We have a fund of 760 million RM and the ministry has spent 114 million RM.We still have the choice to use the balance to subsidize for commercial purposes, or in the next round, we will be able to use again funds to subsidize domestic use, "she added.

Of the 1.1 million low-voltage commercial users, Yeo said that they would face a minimal impact of higher rates and the impact of the tax goods and services (GST) is less than 70 sen. "19659003" If Mamak stores say that their electricity has increased and, therefore, price of nasi lemak has to increase, do not believe them. She said in her keynote address that it was essential to make renewable energy affordable and accessible in Malaysia so that it could be accessible in most rural areas. in Sarawak

"I have visited several places in Sarawak where they still do not have access to electricity.We still have children who do not have light at night to read and study, which is not reasonable.I know that solar energy and micro-hydro will be the solution for these children, and we will bring light to rural areas, "he said. she added – Bernama

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