UNDERSTAND YOUR ELECTRICITY TARIFF

IS RE FUND A FORM OF TAX IMPOSED TO THE CUSTOMERS?

No. RE fund (KWTBB) is not a form of taxation to the customers.

WHAT IS RE FUND?

RE Fund is a fund collected by the Government through consumer's electricity consumption. The Fund will be used to promote growth of electricity generation from renewable energy resources.

HOW DOES THE RE FUND (KWTBB) WORK?

According to the RE Act 2011, the RE fund (KWTBB) is collected through a surcharge of consumers' electricity consumption at the rate of 1.6%.

WHO WILL BE CHARGED FOR THE RE FUND?

Surcharge of RE Fund applies to all customers except for domestic customers with electricity consumption of 300kWh per month.

WHERE IS THE RE FUND (KWTBB) CHANNELED TO?

The RE Fund (KWTBB) collected from the customer's electricity bill is channeled to the Government (SEDA - Sustainable Energy Development Authority) for the purpose of encouraging the development of RE under the Feed-in tariff incentive scheme.

For more information, you can visit this website:

seda.gov.my

WHAT ARE THE BENEFITS OF RE FUND (KWTBB) TO THE CONSUMERS, SOCIETY AND THE COUNTRY AT LARGE?

In the effort to diversify the nation's energy resources, electricity can be generated from renewable energy resources. It is our duty to help sustaining the reserve of natural resources for our future generations to be able to enjoy the same benefits that we have now.

Therefore, it is vital to foster awareness to consumers that the supply of natural resources like coal, gas and oil is depleting and will run out if it is not used prudently. The RE Fund (KWTBB) was introduced to help sustaining the natural resources in term of fossil fuels for our future generation.

HOW IS RE FUND (KWTBB) SURCHARGE CALCULATED?

RE Fund (KWTBB) surcharge is calculated as follows:

RE Fund (KWTBB) Surcharge = 1.6% × [(kWh+kW) – Discounts] (for consumption of 300 kwh and above)

EXAMPLE

RE Fund (KWTBB) Surcharge = RM100 (Current Bill) X 1.6% = RM1.60

WHAT IS TNB'S FUNCTION IN THE RE FUND (KWTBB) IMPLEMENTATION??

In RE Fund (KWTBB) implementation, TNB functions as the collecting agent of the fund for the Government.