Tuesday, January 14, 2025

SINGAPORE CUTS POWER TARIFFS, MALAYSIA PULA MAHU NAIK! TNB NET PROFIT 1ST 3 QTRS 2024 IS RM3.8 BELIYON !!

1. Energy Commission, please confirm if TNB was offered solar power for as low as 15 sen per unit? 

 

2. Wee Jeck Seng menggesa struktur kos TNB dan mekanisme penyesuaian tarifnya lebih telus, membolehkan orang ramai memahami rasional di sebalik perubahan tersebut dan mengelakkan keraguan lanjut.

 

Timbalan Presiden MCA Wee Jeck Seng meminta TNB jelaskan "kadar tarif elektrik perlu diselaraskan semula bagi mencerminkan kos bahan api yang dijangka lebih tinggi".

cadangan TNB dibuat hanya beberapa hari selepas Singapura mengumumkan akan menurunkan kadar elektrik berikutan penurunan harga tenaga antarabangsa.

Singapore akan kurangkan kadar elektrik untuk isi rumah sebanyak 3.4 peratus pada suku pertama 2025, mencapai paras terendah sejak suku ketiga 2023, disebabkan oleh penurunan harga tenaga antarabangsa. 

“Mengapa TNB berulang kali (mahu) kenaikan tarif, sedangkan Singapura boleh menurunkan tarif mereka apabila harga menurun," soal Wee

Wee menegaskan kenyataan TNB tarif perlu mencerminkan peningkatan kos bahan api yang dijangka.

  • pengumuman TNB tarif asas 45.62 sen / kWh mula 1 Julai 2025
  • sekarang (2022 hingga 2024), tarif asas 39.95 sen/kWh.
  • TPM Fadillah Yusof diminta mendapatkan penjelasan TNB

Kenyataan Si B*d*h yang tak faham bisnes : sebarang kenaikan tarif mesti tertumpu kepada golongan atasan atau industri yang mencatatkan keuntungan luar biasa dan bukan kepada majoriti rakyat.  “Kenaikan ini, seperti yang berlaku sebelum ini, hanya akan membabitkan golongan maha kaya dan industri yang untung besar”.

(OSTB : So does that mean the tariffs are going to increase? Why be biased towards the golongan atasan in terms of electricity tariff? Which economic textbook or Islamic theology book mentions such rubbish? 'keuntungan besar' can only be achieved by drug dealers, gomen granted monopolies (like monopoly rice imports, GLC banks, electricity monopolies etc) and some hardworking and honest businesses. Why penalise the efficient businessman who works hard and is efficient enough to generate higher profit? Genuine profits come from hard work. Why penalise them? 

  • Why not try the other way around. 
  • Those who work hard and make more profits pay lower electricity tariffs. 
  • Those lazy bums who dont produce anything pay higher tariffs. 

If tariffs for industries go up, they will increase the selling prices of their products and services. Inflation will increase).

Seterusnya, Fadillah menjelaskan tiada keputusan dibuat

Wee kata beban kos tambahan boleh menambahkan tekanan kepada PKS, berpotensi menjejaskan operasi mereka dan pasaran pekerjaan secara keseluruhan.

Wee kata tarif elektrik yang lebih tinggi akan meningkatkan kos sara hidup bagi isi rumah biasa, memaksa golongan berpendapatan rendah untuk mengurangkan lagi perbelanjaan harian mereka.

pemilik perniagaan risau kenaikan kadar elektrik akan melemahkan daya saing mereka, terutamanya jika dibandingkan dengan pasaran antarabangsa.

“Pada masa sama, banyak keluarga biasa menyatakan kekecewaan mereka kerana mereka sudah bergelut dengan inflasi dan kini terpaksa berdepan dengan beban bil elektrik lebih tinggi. Suara-suara ini perlu diambil serius" kata Wee.

Wee menggesa struktur kos TNB dan mekanisme penyesuaian tarifnya lebih telus, membolehkan orang ramai memahami rasional di sebalik perubahan tersebut dan mengelakkan keraguan lanjut.

“Penyelesaian tidak seharusnya hanya membebankan tekanan kos kepada pengguna,” katanya lagi.

OSTB : Wee ada otak yang berakal. Dia faham lebih sikit pasal bisnes dan ekonomi. Here is a comment by my friend WL who is a senior financial consultant specialising in electric power generation. 

TNB 's inputs are mainly coal, gas and solar, with a little run-of-the river schemes. These inputs have largely remained stagnant in pricing terms, and some have actually fallen in the past 12 months. 

TNB buys around 50% of its energy from gas plants and solar plants. It generates the rest by itself. Gas plants sell their energy to TNB at around 38 sen per unit, calculated on the assumption that these plants are run 50% of the time. Of course if these plants are run 70% or 80% of the time, the per unit price will drop below 30 sen. 

Then TNB buys solar energy from the private sector. During the initial privatisation process, solar plants sold energy at around 42 sen per unit but this price has steadily dropped to around 20 sen in 2022. 

In early 2024, the Energy Commission called for a tender for 2000MW of large scale solar energy (called LSS5) The results of this tender was made in December 2024 via a short statement that successful bidders have been identified but what was surprising was that the names of the bidders were not announced, and their prices not published. Any open tender should have a list of winners and their winning bid prices, but this was not adhered to by Energy Commission.

A plausible answer is that the winning bid prices are so low (rumoured to be 15 sen per unit) that even the government couldn't believe it. 

But another reason could be that any announcement of these low prices following TNB's unilateral announcement of a tariff hike in July 2025 would put the government in bad light. EC must come clean on the bid prices, as they ran an open tender with a fixed timeline.

Any tariff hike must be justified, and EC must be transparent with the input prices that form the bulk of the tariff.

OSTB :  Hello Energy Commission, please confirm if TNB was offered solar power for as low as 15 sen per unit? 

  • What is really going on?
  • Singapore is cutting power tariffs because oil and gas prices are going down.
  • World market prices for wheat, corn, soy and rice have CRASHED. 
  • Solar power costs are falling through the floor. They are reaching 15 sen per unit.
  • In such a scenario why increase power tariffs?

The following are TNB's Net Profits (NP) for the first three quarters of 2024.


  • 31st May RM677 million 
  • 29 August RM1.512 Billion
  • 28 November RM1.631 Billion

Net Profit berbeliyon-beliyon !! RM3.8 BELIYON for 1st three quarters.