KUALA LUMPUR (June 6): Perbadanan Bekalan Air Pulau Pinang Sdn Bhd (PBAPP) will not bill Penang domestic consumers for the first 10m³ (10,000 litres) in each bi-monthly domestic water bill from July 1 to Dec 31, 2024, as per the directive from the Penang State Executive Council.

In a statement to the local bourse on Thursday, PBA Holdings Bhd (KL:PBA) said domestic water usage in Penang is billed on a bi-monthly basis.

It said Penang domestic water consumers who use more than 10m³ in two months will save RM6.20 per bill.

Total savings for each domestic water consumer will be RM18.60 over the six-month period, PBAPP said.

The water company said that as at May, there were about 597,000 registered domestic water consumers in Penang.

The projected impact on PBAPP’s revenue is about RM11 million, said the company.

PBAPP said the temporary measure is only applicable to domestic water consumption in Penang during the specified period.

It does not apply to the following four categories of water consumption:

• Non-domestic;
• Domestic bulk meter;
• Shipping; and
• Houses of worship and welfare institutions.

At the midday break on Thursday, PBA had fallen 3.24% or six sen to RM1.79, with 1.87 million shares traded.