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The Green Electricity Tariff programme

by | Dec 27, 2024 | National, News, SUSTAINABILITY

Malaysia is to continue with the Green Electricity Tariff (GET) programme next year with a quota offering of at least 6,600 Giga Watt-hours (GWh) and a premium rate of 10 sen per kilowatt hour (kWh) for low voltage consumers.

The Energy Transition and Water Transformation Ministry (Petra) added that for medium and high voltage consumers the cost will be 20sen/kWh and announced enhancements such as long term subscription options to subscribe to GET until 2027.

Launched in 2021, the GET programme is a strategic government initiative that offers electricity generated from Renewable Energy (RE) sources to Tenaga Nasional Bhd (TNB) consumers who want to reduce their carbon footprint.

Up to now, the programme has cumulatively supplied 9,400GWh of green electricity to over 3,000 consumers from various categories to help support their environmental, social and governance (ESG) commitments.

In line with corporate ESG commitments, Petra stated the government has decided that GET subscribers in 2025 will be exempted from Imbalance Cost Pass-Through (ICPT) charges which means green electricity will not be affected by fuel prices.

Subscriptions will open on March 1, 2025 via the myTNB portal and consumers can backdate their subscriptions to Jan 1, 2025 in a move to strengthen the programme’s credibility through offerings and sustainable principles.

-THE MALAYSIA VOICE

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