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 AnnouncementImplementation of Imbalance Cost Pass-Through Tariff (ICPT) for the period of January to June 2025Ministry of Energy Transition and Water Transformation (PETRA) has announced on 20 December 2024 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 2025. For this period of ICPT implementation, the Government has approved an ICPT for the period of 1 January until 30 June 2025 as follows:
Please refer to ST's website for further details on the ICPT announcement. |
ICPT FAQVisit 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. |