TNB Clarifies 1% Additional Charge For Renewable Energy Fund

01/05/2013

TNB would like to clarify recent allegations circulating in the social media relating to the 1% Renewable Energy (RE) Fund.

The 1% charge is not new and not a scheme to collect money from unwary customers as alleged.

TNB acts only as collecting agent on behalf of Sustainable Energy Development Authority (SEDA) for the RE Fund. SEDA is an agency under the Ministry of Energy, Green Technology and Water.

The 1% charge, which took effect beginning December 2011, is imposed on all users, except for domestic customers who consumed less than 300 kilowatt-hours (kWh) or equivalent to RM77.00 in a month.
 
The 1% charge is imposed following the launch of the Feed-in-Tariff (FiT) system. The FiT system is a funding mechanism under the Renewable Energy Act (REA) 2011 and SEDA Act 2011 designed to encourage the development of renewable energy via cost-sharing among electricity consumers in Peninsular Malaysia.

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