Targeted subsidy for electricity to be announced at the end of the year when PADU database is established

Khoo also asked whether the government will encourage the T20 group to use solar power as an alternative source of electricity. Nik Nazmi replied that the T20 group should be encouraged to use solar power, but the price of the renewable energy must be reasonable and competitive with conventional electricity sources.

Nik Nazmi said that from January to June this year, the government had forked out RM10.76 billion to subsidise electricity for 9.5 million users, who would otherwise have had to pay for a RM0.27 sen per kWh tariff increase in electricity rates had there been no subsidies.

From an automotive perspective, the new policy could potentially impact households using electric vehicles (EVs). As we reported earlier, should your household happen to be categorised as not qualifying for an electricity subsidy anymore, you could see your per kWh cost rise by a bit. Under the current going rates, this would mean a jump from RM0.571 per kWh to RM0.841 per kWh, without a subsidy in place. The question is, would you find it acceptable to pay more to charge your EV at home?