Tenaga nasional bhd has announced the automatic fuel adjustment (afa) rate for april:enaga Nasional Bhd has announced the Automatic Fuel Adjustment (AFA) rate for April, with consumers set to receive a slightly reduced rebate of 0.47 sen per kilowatt hour (kWh).
According to BERNAMA News Agency, the AFA does not apply to domestic customers with electricity usage of 600 kWh and below, which corresponds to a bill of approximately RM215.98, as stated by TNB in a post on X.
On its website, TNB indicated that the AFA will be reflected on a monthly basis in the electricity bill if there is any fluctuation in the market fuel prices and foreign exchange rates.
The utility firm also disclosed the three-month AFA rate forecast for May (39 sen kWh), June (91 sen kWh), and July (8.0 sen kWh), providing consumers with an insight into the expected changes.
'The declaration of the AFA rate (in sen/kWh) shall be based on confirmation by the Energy Commission (ST) or as officially communicated through a ministerial decision,' TNB stated.
The AFA, a mechanism that adjusts based on the market cost of fuel (gas, coal, etc.) and foreign exchange rates, replaced the previous Imbalance Cost Pass-Through (ICPT), which was used as a mechanism to calculate the electricity bill.
At the time of writing (9.23 pm), Brent crude rose 4.10 per cent to US$117.4 per barrel.