About Generation Tariff

Base Generation Costs comprises of a variable component in the Base Tariff where it is subjected to the demand and supply movement in the global fuel market (e.g. coal & gas) and movement in the foreign currency (e.g. USD to RM). These two factors are beyond our control which require Imbalance Cost Pass Through (ICPT) mechanism to cater for the movements.

The Base Tariff and Base Fuel Prices set by the Government from Regulatory Period (RP) 1 to RP3 are as below:


ICPT reflects variations in the Base Generation Costs whereby any savings or additional costs will be passed-through to the consumers via rebate or surcharge.

 

 

 

ICPT Announcement

Implementation of Imbalance Cost Pass-Through Tariff (ICPT) for the period of January to June 2024

Suruhanjaya Tenaga (ST) has announced on 22 December 2023 that the Government of Malaysia (Government) has approved to continue the implementation of Imbalance Cost Pass-Through (ICPT) for the period of 1 January until 30 June 2024.

For this period of ICPT implementation, the Government has approved an ICPT for the period of 1 January until 30 June 2024 as follows:

  • The ICPT charges for Domestic customers (Tariff A) are as follows:

    • ICPT rebate of 2.00 sen/kWh is maintained for electricity consumption up to 600 kWh only

    • ICPT surcharge of 0 sen/kWh (exempted) will be applicable for electricity consumption from 601 kWh to 1,500 kWh; and 

    • ICPT surcharge of 10 sen/kWh is maintained for electricity consumption that exceeds 1,500 kWh.
       
  • The ICPT charges for Non-Domestic customers are as follows:

    • ICPT surcharge of 3.70 sen/kWh is maintained for low voltage commercial and low voltage industrial customers which includes micro-businesses, small and medium enterprises (MSMEs – Tariff B & D), and for low and medium voltage of specific agriculture customers (Tariff H, H1 & H2);

    • ICPT surcharge of 3.70 sen/kWh is maintained for water and sewerage operators; and

    • ICPT surcharge of 17 sen/kWh is maintained for medium voltage and high voltage customers among industry participants including multinational corporations.

Please refer to ST's website for further details on the ICPT announcement.

 

ICPT FAQ

Visit ICPT FAQ page of our site to find out more about how much is the ICPT amount to be pass through to customers, who will be affected by this ICPT rebate and more.   
Find out more >

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