Bursa Alert
Global Market
NewsTenaga: 1% charge for renewable energy
Page 1 of 1
Tenaga: 1% charge for renewable energy
by hlk Fri 03 May 2013, 14:33
KUALA LUMPUR: Tenaga Nasional Bhd
clarified the collection of the 1% charge was to encourage the
development of renewable energy via cost sharing among electricity
consumers in Peninsular Malaysia.
The power company said on
Friday the 1% charge had been imposed since December 2011 after the
launch of the Feed-in-Tariff (FiT) system.
The charge was imposed on all users, except for domestic customers who used less than 300kWh or equivalent to RM77 in a month.
Tenaga
explained the FiT system was a funding mechanism under the Renewable
Energy Act (REA) 2011 and Sustainable Energy Development Authority
(SEDA) Act 2011.
It said that it acted only as collecting agent
on behalf of the SEDA for the renewable energy fund. SEDA is an agency
under the Ministry of Energy, Green Technology and Water.
clarified the collection of the 1% charge was to encourage the
development of renewable energy via cost sharing among electricity
consumers in Peninsular Malaysia.
The power company said on
Friday the 1% charge had been imposed since December 2011 after the
launch of the Feed-in-Tariff (FiT) system.
The charge was imposed on all users, except for domestic customers who used less than 300kWh or equivalent to RM77 in a month.
Tenaga
explained the FiT system was a funding mechanism under the Renewable
Energy Act (REA) 2011 and Sustainable Energy Development Authority
(SEDA) Act 2011.
It said that it acted only as collecting agent
on behalf of the SEDA for the renewable energy fund. SEDA is an agency
under the Ministry of Energy, Green Technology and Water.
hlk- Moderator
- Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
Location : Malaysia
Similar topics» Cypark inks renewable energy pact with Tenaga
» Cypark gets nod to build renewable energy parks
» Renewable energy producers in Sabah not 'FiT' yet
» Vsolar gets 100% ownership in renewable energy unit
» Palm oil a good source of renewable energy
» Cypark gets nod to build renewable energy parks
» Renewable energy producers in Sabah not 'FiT' yet
» Vsolar gets 100% ownership in renewable energy unit
» Palm oil a good source of renewable energy
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum