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

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loserguy
post Jul 10 2023, 10:05 AM

On my way
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Junior Member
500 posts

Joined: Dec 2019
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.
*
no la

it means TNB will profit 1b with or without the subsidies.

without subsidies,
govt saves 5-6b
consumers pay extra 5-6b
nothing changes for tnb

edit: I get what you mean, but tnb will just charge full rate without the subsidies.

This post has been edited by loserguy: Jul 10 2023, 10:06 AM

 

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