23/12/2023

85% OF DOMESTIC CUSTOMERS ON THE PENINSULA ARE NOT AFFECTED

Following the government's decision on the Imbalance Cost Pass-Through (ICPT) on 22 December 2023, the ICPT charges for domestic and non-domestic customers will be applicable from 1 January 2024 until 30 June 2024 as below:

*Based on a comparison of 1 July 2023 to 31 December 2023

•            To understand how it is calculated please visit MyElectricityBill. 

•            For more information on what is ICPT, please visit our FAQ page. 

•            To know more about the ICPT announcement, click here.

•            The ICPT mechanism allows adjustment of fuel prices every 6 months that will appear in our electricity bill, where we will pay lesser if the fuel price goes down or pay higher if the fuel price increases