PUTRAJAYA, The Green Electricity Tariff (GET) programme will be continued this year with a quota offer of 6,600GWh (6,600 gigawatt-hours) at a premium rate of 10sen/kWh for low voltage users and 20sen/kWh (20 sen per kilowatt-hour) for medium and high voltage users.
The GET programme is a strategic government initiative offering electricity generated from Renewable Energy (TBB) sources to Tenaga Nasional Berhad (TNB) electricity users intending to reduce their carbon footprint.
The Ministry of Energy Transition and Water Transformation (PETRA) said that since its introduction in 2021, the GET Programme has successfully supplied a cumulative amount of 6,762 GWh of green electricity supply to 2,461 users in various categories.
It said that this has helped users fulfil their environmental, social and governance (ESG) commitments, especially from the aspect of avoiding greenhouse gas emissions (GHG avoidance) through the use of green electricity.
“Following the encouraging response and international recognit
ion, PETRA together with the Energy Commission reviewed the operation and basic principles of subscription to retain user confidence for the GET programme,’ it said in a statement today.
PETRA said that in line with general demand towards ESG commitments, as required by corporate companies, the government has decided that consumers who subscribe to the GET Programme for this year will not be imposed with an Imbalance Cost Pass Through (ICPT) charge for actual energy units used.
“The new GET tariff for this year has been stipulated at a rate of 10sen/kWh for residential users and low-voltage non-residential users (Tariff Trade B, Industry D, Mining H, Agriculture Spec F as well as G and G1 Street Lamps) and 20sen/kWh for non-residential consumers using medium and high voltage (Trade tariffs C1, C2, C3 and C4, Industrial E1, E2 and E3, Mining H1 and H2 as well as Specific Agriculture F1 and F2) compared to the rate of 21.8sen/kWh last year,’ it said.
The ministry said that subscriptions can be made from May
3, 2024 through the myTNB portal and users are allowed to backdate the subscription period beginning Jan 1, 2024.
It added that the backdate subscription option will only be given for subscriptions made from May 3, 2024 to May 31, 2024.
Meanwhile, it said, the GET subscription will have a lock-in period until Dec 31 every year with automatic renewal for a one-year period if the subscription is not terminated.
“Income from the implementation of this programme will be used to further accelerate the country’s energy transition efforts to increase TBB capacity, such as the implementation of the Solar for Rakyat Incentive Scheme (SolaRIS) which was introduced recently,’ it added.
The ministry said details of the programme could be found on the TNB website.
PETRA is optimistic that corporate companies in Malaysia will have a higher confidence level for the GET Programme considering that the process of offering and handling GET complies with the principles and criteria of sustainability, especially from the asp
ect of energy generation and supply of green electricity.
PETRA said the increased GET subscription would add more value in supporting the country’s energy transition efforts through the development and increase of new TBB capacity in the country’s electricity supply to meet the ESG requirements of the corporate sector.
Source: BERNAMA News Agency