Yesterday’s huge information was the announcement of a revised ICPT tariff for the second half of 2023. For many home customers, an ICPT rebate of RM0.02 stays. However for customers who use greater than 1,500 kWh a month, this rebate turns into a surcharge of RM0.10, which is successfully a 12 sen upwards motion. The surcharge will apply to your total invoice, not simply kWh consumed above the 1,500 kWh monthly restrict.
In case your month-to-month invoice is persistently beneath 1,500 kWh, this information mustn’t fear you. But when your invoice is between 1,200-1,300 kWh each month, and also you’ve been contemplating getting an electrical automotive which you’ll plan to cost at house. You is likely to be questioning if the electrical automotive will push your invoice above the 1,500 kWh restrict.
Because of this we’ve created this straightforward EV vitality consumption calculator to assist making a decision. Merely key in what number of km you drive a month, your EV’s vitality effectivity (we’ve defaulted this to 17), and what your present TNB invoice is earlier than including EV charging to the invoice.
The instance within the screenshot above exhibits a person whose present TNB invoice is 1,000 kWh. He plans to drive 2,500 km a month with an EV that consumes 17 kWh per 100 km. His last TNB will might be round 1,425 kWh, which is beneath the 1,500 kWh restrict for the surcharge.
However on this second instance, the person’s present TNB invoice is on common 1,300 kWh. The identical EV will push his consumption to 1,725 kWh. This can set off the surcharge.
Bear in mind, the surcharge applies to all the invoice, not simply the kWh quantity that’s above 1,500 kWh, which on this case 1,725-1,500=225 kWh. So on this case, the surcharge would routinely enhance the invoice by RM172.50, not RM22.50
In the event you eat 1,501 kWh? Too unhealthy. That additional 1 kWh can be the costliest 1kWh ever, routinely growing your total invoice by RM150.10.
We foresee that this may dampen the gross sales potential of extra inexpensive EVs reminiscent of Neta V and the upcoming BYD Dolphin, that are simply beginning to hit the market. Patrons of those extra inexpensive EVs is likely to be extra delicate to actions in electrical energy prices. Why ought to they take the danger to undertake EVs when no such tiered subsidy system exists when buying petrol?
We hope this helps you perceive how including an EV might impression your TNB invoice because of the brand new ICPT tariff that has this “1,500 kWh” switchover level.
Click on right here to make use of the EV consumption calculator.