The council, which will be in effect for two years from December 1, is chaired by former CIMB Group Holdings Bhd chairman Tan Sri Mohamed Nazir Abdul Razak and comprises nine members including two from the state executive council and two senior state officials.
The Energy Commission has set a new average base tariff of 45.40 sen/kWh for RP4, slightly lower than before, bringing overall electricity costs down by up to 19% compared to the previous regulatory period
