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 Just received the latest ICPT charges from TNB, from 1st Jul 2023 to 31st Dec 2023

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insan_kamil
post Jul 7 2023, 04:28 PM

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I just received mine as well. Current usage fluctuates between 4.5-6k a month.

Tnb earned massive and record profits last year. They are doing very well. Why the hell the need for an increase?

That profit they earned is ours. They should slash their profit to maintain tariff rate. What a silly move
insan_kamil
post Jul 10 2023, 10:44 AM

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QUOTE(iGamer @ Jul 10 2023, 09:58 AM)
iinm TNB profit 1 billion, but govt subsidies is easily 5-6 billions. Meaning without subsidies, TNB would be making billions of losses if charged at current rate.
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I never thought about it that way but you are right.

https://m.malaysiakini.com/letters/665431

Subsidy expected for 2022 at 6 billion.

Tnb profit for 2022 was 3.5 billion.

But need to know price of coal for projection then can determine accurately. Because i think coal has been on a downtrend.

Thank you..learned something

insan_kamil
post Jul 10 2023, 11:44 AM

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QUOTE(ticke @ Jul 10 2023, 11:43 AM)
u think they run charity?
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I thought they were NGO

 

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