The electricity tariff will not be increased this year despite changes in global fuel price.
Energy, Green Technology and Water Minister Datuk Seri Maximus Ongkili said there is a moratorium by the cabinet that the tariff will not be increased this year.
â€œIt will not be increased even in the remaining months of the year,â€ he said when met at Parliament today.
Maximus said should the price of fuel increase, the cost will be absorbed by the government
â€œSince the government say no increase, we will look into giving more subsidy,â€ he said.
Maximus said fuel price translate to only one per cent of electricity cost, as crude oil and diesel are not used.
â€œIf the fuel price is of downward trend, we will check on if there is any amount to be passed back to consumers,â€ he said.-NST