New electricity tariff: over 23.6m domestic users in Peninsular Malaysia to enjoy fairer rates

KUALA LUMPUR: More than 23.6 million domestic users in Peninsular Malaysia will benefit from fairer and more progressive electricity rates due to the newly approved electricity tariff schedule approved by the government, the Energy Commission (EC) announced today.
This tariff determination will take effect from July 1, 2025, to December 31, 2027, under the Incentive-Based Regulation (IBR) framework, in line with the provisions of Section 26, Electricity Supply Act 1990, it said in a statement.
The electricity tariff changes for the Regulatory Period 4 (RP4) involve the restructuring of the following three components:
(i) The average base tariff rate;
(ii) The new tariff schedule; and
(iii) The fuel cost adjustment mechanism.
According to the EC, the Average Base Tariff Rate was adjusted based on the estimated cost of electricity supply for the RP4 period and is set at 45.40 sen/kWj, compared to 45.62/kWj approved in December 2024.
With this adjustment, the average overall electricity tariff cost is reduced by up to 19 per cent, compared to the Third Regulatory Period (RP3).

Try Our AI Features

Explore what Daily8 AI can do for you:

Learn with AIFact CheckingText to SpeechAI Summary

Related Articles

Malaysian Reserve

5 hours ago

• Malaysian Reserve

Halozyme Announces argenx Received European Commission Approval for VYVGART® Subcutaneous Injection with ENHANZE® for Chronic Inflammatory Demyelinating Polyneuropathy (CIDP)

SC injection of VYVGART® is available as a vial or prefilled syringe and can be administered by a patient, caregiver, or healthcare professional SAN DIEGO, June 20, 2025 /PRNewswire/ — Halozyme Therapeutics, Inc. (NASDAQ: HALO) (Halozyme) today announced that argenx received European Commission (EC) approval of VYVGART® 1000mg (efgartigimod alfa) developed with ENHANZE®, Halozyme's proprietary recombinant human hyaluronidase enzyme (rHuPH20), for subcutaneous (SC) injection as a monotherapy for the treatment of adult patients with progressive or relapsing active chronic inflammatory demyelinating polyneuropathy (CIDP) after prior treatment with corticosteroids or immunoglobulins. VYVGART is the first and only targeted IgG Fc-antibody fragment for Chronic Inflammatory Demyelinating Polyneuropathy (CIDP) and the first novel mechanism of action for CIDP treatment in more than 30 years. 'We are pleased to announce the European Commission approval of the subcutaneous injection of VYVGART, which is co-formulated with our ENHANZE drug delivery technology for use in CIDP patients. This marks another milestone in our partnership with argenx and the expansion of access to Europe is another catalyst supporting our growth,' said Dr. Helen Torley, president and chief executive officer of Halozyme. The EC decision is based on positive results from the ADHERE clinical trial, the largest study of CIDP patients to date. For more information on the study and its findings, please view argenx's press release issued on June 20, 2025. The approval by the EC is valid in all 27 European Union (EU) Member States, as well as Iceland, Norway and Liechtenstein. About Halozyme Halozyme is a biopharmaceutical company advancing disruptive solutions to improve patient experiences and outcomes for emerging and established therapies. As the innovators of ENHANZE® drug delivery technology with the proprietary enzyme rHuPH20, Halozyme's commercially-validated solution is used to facilitate the subcutaneous delivery of injected drugs and fluids, with the goal of improving the patient experience with rapid subcutaneous delivery and reduced treatment burden. Having touched one million patient lives in post-marketing use in ten commercialized products in at least one major region and across more than 100 global markets, Halozyme has licensed its ENHANZE® technology to leading pharmaceutical and biotechnology companies including Roche, Takeda, Pfizer, Janssen, AbbVie, Eli Lilly, Bristol-Myers Squibb, argenx, ViiV Healthcare, Chugai Pharmaceutical and Acumen Pharmaceuticals. Halozyme also develops, manufactures and commercializes, for itself or with partners, drug-device combination products using its advanced auto-injector technologies that are designed to provide commercial or functional advantages such as improved convenience, reliability and tolerability, and enhanced patient comfort and adherence. The Company has two commercial proprietary products, Hylenex® and XYOSTED®, partnered commercial products and ongoing product development programs with Teva Pharmaceuticals and McDermott Laboratories Limited, an affiliate of Viatris Inc. Halozyme is headquartered in San Diego, CA and has offices in Ewing, NJ and Minnetonka, MN. Minnetonka is also the site of its operations facility. For more information visit and connect with us on LinkedIn and Twitter. Safe Harbor Statement In addition to historical information, the statements set forth above include forward-looking statements including, without limitation, statements concerning the possible activity, benefits and attributes of ENHANZE®, the possible method of action of ENHANZE®, its potential application to aid in the dispersion and absorption of other injected therapeutic drugs, and statements concerning certain other potential benefits of ENHANZE® including facilitating more rapid delivery of injectable medications through subcutaneous delivery and potentially lowering the treatment burden for patients, including a potential reduction in administration time and broadening the treatment options for the indication referred to in this press release. Forward-looking statements may also include statements regarding potential growth catalysts and opportunities driven by the product development and commercialization efforts of Halozyme's ENHANZE® partners. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. The forward-looking statements are typically, but not always, identified through use of the words 'expect,' 'believe,' 'enable,' 'may,' 'will,' 'could,' 'intends,' 'estimate,' 'anticipate,' 'plan,' 'predict,' 'probable,' 'potential,' 'possible,' 'should,' 'continue,' and other words of similar meaning. Actual results could differ materially from the expectations contained in forward-looking statements as a result of several factors, including uncertainties concerning unexpected results or delays in the timing of the Halozyme's expected growth catalysts or in the launch or commercialization of our partner's product for the indication referred to in this press release, unexpected adverse events or patient experiences or outcomes from being treated with the ENHANZE® co-formulated treatment referred to in this press release, and competitive conditions. These and other factors that may result in differences are discussed in greater detail in Halozyme's most recent Annual and Quarterly Reports filed with the Securities and Exchange Commission. Except as required by law, Halozyme undertakes no duty to update forward-looking statements to reflect events after the date of this release. Contacts: Tram BuiVP, Investor Relations and Corporate Communications609-333-7668tbui@ Sydney CharltonTeneo 917-972-8407

The Star

20 hours ago

• The Star

Fairer electricity rates for 23.6 million in Peninsular Malaysia

Automatic Fuel Adjustment (AFA) will replace the ICPT mechanism, enabling monthly updates to electricity charges based on market fuel prices and forex rates, according to the Energy Commission. Over 23.6 million domestic users in Peninsular Malaysia will benefit from fairer and more progressive electricity rates with the implementation of the new electricity tariff schedule approved by the government. This tariff will take effect from July 1 to Dec 31 2027 under the Incentive-Based Regulation (IBR) framework, in line with the provisions under Section 26 of the Electricity Supply Act 1990. The electricity tariff revision for the Fourth Regulatory Period (RP4) involves the restructuring of the following three (3) components: (i) average base tariff rates; (ii) new tariff schedule; and (iii) fuel costs adjustment mechanisms. Adjustment of the average base tariff rate The average base tariff is adjusted based on the estimated cost of electricity supply for the RP4 period and set at 45.40 sen/kWh compared with 45.62 sen/kWh approved in December 2024. With this adjustment, the overall average electricity tariff cost is reduced by up to 19 per cent compared with the Third Regulatory Period (RP3). Electricity tariff structure changes cover customer categories, charges and incentives The introduction of the new tariff schedule covers the following: (i) a revision of customer categories, divided into domestic and non-domestic, based on voltage usage, whether low, medium or high voltage; and (ii) the setting of charges for the energy, capacity, network and retail components, based on their respective costs. The Energy Efficiency Incentive will be introduced to encourage 23.6 million domestic users to adopt prudent electricity consumption practices. Through this incentive, domestic users with electricity consumption of 1,000 kWh and below are not expected to be affected by the implementation of the new tariff schedule. In addition, non-domestic low voltage users with electricity consumption of 200 kWh and below will also benefit from this incentive. In addition, the Time of Use (ToU) scheme has been streamlined and expanded to offer a longer off-peak period, covering the entire Saturdays and Sundays, as well as from 10PM to 2PM on weekdays from Monday to Friday. This is to encourage more efficient consumption management based on demand periods, in line with efforts towards a more efficient and sustainable energy system. By shifting their usage to off-peak periods, consumers can reduce their electricity bills compared to using electricity during peak periods. To ensure that social and welfare needs continue to be looked after, the government has agreed to: (i) apply specific tariffs for the agriculture, water and sewerage services, as well as rail operators or traction; (ii) a 10 percent rebate will be provided for registered institutions of higher learning, schools, charitable homes, and places of worship; and (iii) continue the RM40 Electricity Bill Rebate Programme, which provides a monthly subsidy of up to RM40 for Heads of Households (KIR) categorised as hardcore poor and registered with the e-Kasih system under the Prime Minister's Department (PMD). Eligible users can check their eligibility status via official portal or by visiting their nearest electricity utility provider office. The new rates are expected to provide greater cost efficiency for everyday Malaysian households. Overall, this approach is intended to encourage energy efficiency initiatives and the use of renewable energy, delivering shared benefits through a more efficient and sustainable energy system. To support this, all users will receive their electricity bills in a new, more detailed format (itemised billing). Following the implementation of this new tariff schedule, the majority of users are expected to remain unaffected. In fact, users who practise efficient energy consumption will enjoy greater savings through the Energy Efficiency Incentive. Refinement of the cost adjustment mechanism For the energy charges component, a new and more dynamic fuel cost adjustment mechanism, the Automatic Fuel Adjustment (AFA), will replace the Imbalance Cost Pass-Through (ICPT) mechanism. This mechanism enables automatic adjustments to generation costs based on current market fuel prices and foreign exchange rates. These details will be reported monthly on the Energy Commission's website. Implementation and user support services The new tariff schedule will take effect from July 1 and this will be reflected in electricity bills based on usage from July 2025 onwards. Details of the rates and new categories (where applicable) can be checked through the following channels: The tariff schedule will be published on the website from June 21, at 12.00 noon; An estimate of future monthly electricity bills can be calculated using the electricity tariff calculator, which will be accessible from July 2025 via the abovementioned website earliest by June 23; For further enquiries, users are encouraged to contact TNB CareLine at 1-300-88-5454, email tnbcareline@ or reach out through other official TNB platforms.

New Straits Times

21 hours ago

• New Straits Times

Fairer, progressive rates

KUALA LUMPUR: More than 23.6 million domestic users in Peninsular Malaysia will benefit from fairer and progressive rates with the implementation of the new electricity tariff schedule approved by the government. This tariff schedule will take effect from July 1, 2025, to Dec 31, 2027, under the incentive-based regulation (IBR) framework, in line with provisions under Section 26 of the Electricity Supply Act 1990. The electricity tariff revision for the fourth regulatory period (RP4) involves restructuring three components, which are average base tariff rates, the new tariff schedule and fuel cost adjustment mechanisms. Average Base Tariff The average base tariff is adjusted based on the estimated cost of electricity supply for RP4 and set at 45.40 sen/kWh, lower than the 45.62 sen/kWh approved in December last year. With this adjustment, the overall average electricity tariff cost will be reduced by 19 per cent compared with the third regulatory period (RP3). Tariff Structure Changes The introduction of the new tariff schedule includes a revision of customer categories, now divided into domestic and non-domestic groups based on low, medium or high-voltage supply. It also involves the setting of charges for the energy, capacity, network and retail components, each determined according to their respective costs. The Energy Efficiency Incentive will be introduced to encourage 23.6 million domestic users to adopt prudent electricity consumption practices. Through this incentive, domestic users with electricity consumption of 1,000kWh and below are not expected to be affected by the new tariff schedule. In addition, non-domestic low-voltage users with consumption of 200kWh and below will also benefit from this incentive. Meanwhile, the time-of-use (ToU) scheme has been streamlined and expanded to offer longer off-peak periods, including Saturdays and Sundays, as well as from 10pm to 2pm on weekdays. This is to encourage more efficient consumption management based on demand, in line with efforts towards a more efficient and sustainable energy system. By shifting their usage to off-peak periods, consumers can reduce their electricity bills compared with peak periods. To ensure that social and welfare needs continue to be looked after, the government has agreed to apply specific tariffs for the agriculture, water and sewerage services, as well as rail operators or traction. A 10 per cent rebate will be provided for registered higher-learning institutions, schools, charity homes and houses of worship. The government will also continue the RM40 electricity bill rebate programme, which provides a monthly subsidy of up to RM40 for heads of households categorised as hardcore poor and registered with the e-Kasih system under the Prime Minister's Department. Eligible users can check their eligibility status via or by visiting their nearest utility branch. Overall, this approach is intended to encourage energy efficiency initiatives and the use of renewable energy, delivering shared benefits through a sustainable system. To support this, all users will receive their electricity bills in a new, detailed format (itemised billing). Despite the implementation of this new tariff schedule, the majority of users are expected to remain unaffected. In fact, users who practise efficient energy consumption will enjoy greater savings through the Energy Efficiency Incentive. Refinement of Cost Adjustment Mechanism For the energy charges component, the current imbalance cost pass-through (ICPT) mechanism will be replaced by a new and more dynamic fuel-cost adjustment system known as automatic fuel adjustment (AFA) mechanism. This enables automatic adjustments to generation costs based on current market fuel prices and foreign exchange rates. These details will be reported monthly on the Energy Commission's website. Implementation and User Support Services The new tariff schedule will take effect from July 1. Details of the rates and new categories (where applicable) can be checked through the following channels. THE new tariff schedule will be published in at noon on June 21; and AN estimate of future monthly electricity bills can be calculated using the electricity tariff calculator, which will be accessible at earliest on June 23. For further enquiries, users are encouraged to contact TNB CareLine at 1-300-88-5454, email tnbcareline@ or reach out through other official TNB platforms. Energy Commission's Commitment As the energy regulatory body in Peninsular Malaysia, the Energy Commission is committed to ensuring that the implementation of tariffs is guided by the principles of fairness, transparency and sustainability to meet the country's needs and balance the interests of all energy consumers. This comprehensive restructuring and harmonisation is an important step towards realising and strengthening a fair and inclusive national energy transition agenda.