PRIME Minister Datuk Seri Anwar Ibrahim denied claims that the electricity tariff in Peninsular Malaysia will increase by 14 per cent starting July.
However, he said a tariff increase will still take place, but the exact rate will be determined only after a review.
"The decision (to raise the electricity tariff) is necessary and it would be manageable and necessary, as prices must adjust over time.
"Reviews are conducted every six months based on current prices. Therefore, I don't think it will be burdensome or disadvantageous to the public," he said.
He explained that the extra funds would help improve various sectors, including education, healthcare, and infrastructure, through minor taxes levied on companies.
“Small, small, don’t worry.
"We are open to feedback from various parties on the proposed tariff adjustment,” he said.
The new tariff schedule is proposed to be implemented on July 1, 2025. - February 3, 2025
