Following yesterday’s announcement on plans for tariff hike from July 1, 2025, TNB was the top gainer on Bursa Malaysia, with its share surging 74 sen, or 5.22% to RM14.92, with 9.01 million shares traded.
Despite the increase in power usage due to the current hot weather conditions, the electricity charges are still based on users' monthly consumption and not on the property value, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
SESB general manager (distribution) Addie Ahmad said that with the additional capacity of 10MW, the Patau-Patau power station could generate a total of 113MW of electricity in Labuan.
Despite their pleas for essential services, the majority of the approximately 1,900 Pulau Jambongan Villagers residents have been living without proper electricity supply for decades, relying on generators that cost up to RM3,000 each.
