This is ownself install, inside the db box.

Last time my uni time got a prepaid meter, use card reload wan then insert the card into the meter. Actually Malaysia many people who rent out house have this meter for individual rooms.

Not really a full manopoly. Can't really blame TNB just that nobody wants to set up their own company and pull new cables and high tension towers. Nobody. Recently I read gov has forced tnb to allow 3rd party access to power plants that want to piggy back tnb network, but so far nobody is doing that for residential customers.

Same case with internet, only new one is time fibre. Others like maxis and celcom all piggy back on TM's unifi infra and cables.

So far I only know Genting have their own power plant, network, substation, towers and is supplying to their residents, condo and their own theme park.

In Singapore they have many companies because the island is small and it doesn't take much money to build cables spanning the entire island to supply to all customers especially when they are all condos.

Gov should give subsidy/incentive to produce another player in electric, just like how they set up DNB for 5G. Then only got competition and more choices for us.

Edit: I was curious and went Google, apparently there's over 300 active license holder to sell electric in Malaysia


https://www.st.gov.my/web/general/details/993



This post has been edited by dest9116: Dec 1 2024, 06:25 PM

But why nobody is setting up new network to compete? I don't see the government limiting who can apply for permit. A monopoly is when the gov restricts but it's not. I can only think that it's not as profitable as what everyone expects it to be. With even the tariff being controlled by the government.

Someone once told me the same thing at /kopitiam. I reminded him to also check how much dividend TNB issued to their share holders and how much was retained as profit for internal investment. For last year 2023, as announced in March 2024 announcement, after paying out dividend, TNB just retained about 100m for internal expenditure.

You can Google or check their dividend data at klse, I was a shareholder of tnb share until I sold it when the price raised to 15 few months ago.

You want to know how much for initial cost, I can tell you it is at least 10 billion yearly, why? Coz TNB is spending about 7B a year just to expand the grid network under capex. This does not include maintenance, rehab, refurbish, replace which is under Opex instead of capex

https://theedgemalaysia.com/node/736792

Even if we say small scale, it will at least be 2B, you can't compare their profit with TNB profit as they need to compete in terms of pricing and customer need to change to them.

Fact is nobody wants to do the grid business, even when the it's not restricted. What we see here is private companies only want to set up power plants and sell electric to tnb for a fixed price, easy money, sure earn, no need deal with clients, no need maintain a large network, that's why we have so many private power plants and solar plants.

Gov even out of idea and forced TNB to allow third party access (which caused tnb share price to drop for awhile) so that people can still sell electric without setting up the grid network coz nobody want to build a second network.

If so profit why nobody do? Why no cronies do? We all know if profit sure cronies enter. Why you think power plant so many IPP cronies? Coz it's profitable.