Highlights

save malaysia!!!

Author: savemalaysia   |   Latest post: Fri, 18 Jan 2019, 07:06 PM

 

CM says Penang water rates may rise following national review

Author:   |    Publish date:


GEORGE TOWN, Jan 9 — Penang is set to see higher water tariffs in line with the federal government’s efforts to restructure water supply services industry in the country, said Penang Chief Minister Chow Kon Yeow.

He said the increase could range from a single-digit increase to over 20 per cent. 

"It is likely that we will take away the water conservation surcharge after the tariff review,” he said in a press conference at his office today.

He said the national review would result in higher tariffs to deter waste and would make the current conservation charge unnecessary.

Chow also advised consumers to conserve water due to the state’s limited resources.

The state administration is also still in discussions with the Water, Land and Natural Resources Ministry on the proposed increase in water tariff rates, he added.

“We will wait for the ministry’s decision and National Water Services Commission (SPAN) on the tariff review proposal,” he said. 

Despite his prognosis today, Chow stressed that Penang’s water tariff rates would still be the lowest in the country even with the expected increase.

Penang’s current water tariff rate is 32 sen/1,000 litres for the first 35,000 litres or significantly lower than the national average of 69 sen/1,000 litres.

However, Penang levies a water conservation surcharge (WCS) of 48 sen/1,000 litres for usage beyond 35,000 litres.

The WCS was introduced in a bid to reduce Penang’s comparatively high consumption rate, which is now 286L per capita daily.

https://www.malaymail.com/s/1710662/cm-says-penang-water-rates-may-rise-following-national-review

Share this

  Be the first to like this.
 


 

402  326  492  672 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 ARMADA 0.22+0.06 
 SAPNRG 0.285-0.005 
 SUMATEC 0.005-0.01 
 MYEG 1.01-0.06 
 BARAKAH 0.08+0.02 
 NEXGRAM 0.020.00 
 IRIS 0.15+0.005 
 XINGHE 0.045+0.005 
 KNM 0.09+0.01 
 ECONBHD 0.515+0.045 

TOP ARTICLES

1. 火中取栗拼油气(下) 菜鸟必学7招/冷眼 【冷眼专栏】漫漫投资路
2. 当遇上基本面投资法(上) “反向”战略非唱反调/冷眼 【冷眼专栏】漫漫投资路
3. Stocks on Radar - AirAsia Group (5099) AmInvest Research Reports
4. FPI FY19 revenue growth expected to hit 15% FPI 2大因素前景看好台灣聯友今年再 尋突破
5. [转贴] 真实还原97亚洲金融风暴,韩国从暴富到破产仅用时7天! Good Articles to Share
6. Stocks on Radar - Elsoft Research (0090) AmInvest Research Reports
7. THE PERCEPTION OF P/E or: How I learned to fear my Wife the bursa journey that worked for me. 2000-2019
8. JAKS Resources Berhad - RM25.5m P&L Hit PublicInvest Research
Partners & Brokers