Posted by bfmklm > 2023-01-31 00:29 | Report Abuse

@tigerboy - thanks for your kind sharing :)

Posted by k3nthiew > 2023-01-31 12:36 | Report Abuse

@bfmklm Based on PBA average rev/a about 335m and commercial contribution about 36% of total rev, u can do some simple calculations comparing both old rate and new rate. My calculations in fact shown commercial users from 60-200m3 will get 63% bill increase. Rough calculation, (120m pa x 63% = 75.6m p.a), for not being too optimistic, therefore I only put 40-60m

Posted by k3nthiew > 2023-01-31 12:43 | Report Abuse

My rough estimate on PBA 2023 earnings will be 20-25c eps.

Posted by tigerboy > 2023-02-01 09:30 | Report Abuse

@k3nthiew Per PBA-AR2021 page 101 of 256, trade consumption account for 36% in term of total water volume (not revenue). Your rough calculation, (RM120m pa x 63% = RM75.6m p.a) which is based on revenue is therefore incorrect.

Posted by tigerboy > 2023-02-01 09:39 | Report Abuse

Actually I am quite surprised that PBA trade volume increased to 293.9k units yesterday 31-1-2023 with gain of 2.5 cents. Some readers must be impressed by your rough estimate on PBA 2023 earning of 20-25c eps. :)

Posted by k3nthiew > 2023-02-02 09:20 | Report Abuse

Thanks for your correction @ tigerboy. I did another calculation based on 2021 data which shown the total 87,691 trade consumers consumed total of 3,530 liters/day, which is 105.9m3 monthly. Based on this assumptions, trade consumers contributed 130m in revenue yearly to PBA which is slightly higher than earlier extimation

Posted by k3nthiew > 2023-02-02 09:23 | Report Abuse

@tigerboy correct me if I'm wrong. Thanks

Posted by k3nthiew > 2023-02-02 09:27 | Report Abuse

If assumptions on trade consumers above are right, than the new rate will boost PBA rev by about Rm82m p.a, which is higher than my earlier calculation.

Posted by k3nthiew > 2023-02-02 09:29 | Report Abuse

For some buffer, I think Rm40-60m will be a safe extimation

Posted by tigerboy > 2023-02-03 18:17 | Report Abuse

@k3nthiew Your estimated increase in revenue of RM40M to RM60M yearly is correct on the safe side. :)

Posted by LadyRepins > 2023-02-13 14:07 | Report Abuse

PBA is semi social in nature since the government is at peoples mercy. Raise rates and election time payback and opposition ready to pounce. Explains why Penang has lowest rates.

I think they have made mistake, should raise rates slowly bit-by-bit over few years. IMO people there simply waste a lot of water since it is so cheap.. witnessed many places especially passion to wash car at home and at hawker centers.

One way is to raise the rates but state government can provide some form of subsidy to slowly reduce over time. At least the disparity will not be so great.