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NOTICE TO VALUED CUSTOMERS

Announcement on Imbalance Cost Pass-Through (ICPT) Rate Adjustment for Kulim Hi-Tech Park for Period Between 1 July 2026 to 31 December 2026

NUR Power wishes to inform its customers in Kulim Hi-Tech Park (KHTP) that the Imbalance Cost Pass-Through (ICPT) rate adjustment for the period 1 July 2026 to 31 December 2026 has been announced in accordance with Section 26 of the Electricity Supply Act 1990.

The ICPT mechanism is part of Malaysia’s Incentive-Based Regulation (IBR) framework, which allows electricity tariffs to be adjusted every six months to reflect changes in fuel and other electricity generation costs. Depending on these cost movements, customers may receive either a rebate or be subject to a surcharge. For the period 1 July 2026 to 31 December 2026, the following ICPT adjustments will apply to customers in Kulim Hi-Tech Park:

 

Customer CategoryICPT Adjustment
Domestic customers with monthly electricity consumption of 1,500 kWh and belowNo ICPT surcharge
Domestic customers with monthly electricity consumption above 1,500 kWhICPT surcharge of 6.30 sen/kWh
Non-domestic customersICPT surcharge of 6.30 sen/kWh for all electricity consumed

 

The ICPT mechanism is designed to transparently reflect changes in actual fuel and generation costs against the benchmark established during the tariff-setting process. The implementation of ICPT is revenue-neutral to NUR Power and does not affect the Company’s business operations or financial position.

NUR Power remains committed to providing reliable, quality and sustainable electricity services while ensuring transparency in the implementation of regulatory tariff adjustments. Customers who require further information or clarification may contact NUR Power Customer Service at:

Customer Service Hotline: +604 401 0101

Email: cs@nur.com.my

FAQ

ICPT is a mechanism under the Incentive Based Regulation (IBR) framework which allows the utility to reflect changes (either increase or reduction) in fuel and other generation-related costs in the electricity tariff every six (6) months in the form of rebate or surcharge.

Suruhanjaya Tenaga as Malaysia’s energy regulator determines the calculation and methodology of the ICPT, subject to Government approval on a 6-monthly basis.

Kumpulan Wang Industri Elektrik (KWIE) is a fund that is implemented and controlled by Suruhanjaya Tenaga (ST). The objective of setting up of the KWIE fund is to manage or control the impact of electricity tariffs on consumers.

There are two main ICPT components:

1. FCPT: Fuel Cost Pass-Through component captures any variation in fuel cost (specific to piped gas, liquefied natural gas (LNG) and coal) because of changes in the fuel price, fuel quantity, generation mix, exchange rates etc.

2. GSCPT: Generation Specific Cost Pass-Through component captures any variation in other generation specific costs as a result of changes in other costs associated with the Power Purchase Agreements (PPAs) & Service Level Agreements (SLAs) and fuel procurement contracts i.e. Coal Supply Agreement (CSA), Coal Supply and Transportation Agreement (CSTA), Gas Supply Agreement (GSA) / Gas Framework Agreement (GFA) and etc.

The ICPT is calculated based on an estimated actual fuel cost and generation specific costs for a particular six (6) months period against the corresponding baseline costs in the Base Tariff. Simply put, increase in market fuel prices results in higher generation and consequently higher ICPT surcharge has been passed through to non-domestic electricity customers in Peninsular Malaysia.

It is a charge that is applicable for every kWh of electricity consumed. ICPT is a variable component in the electricity bill where the ICPT is charged based on your consumption of electricity monthly.

The ICPT is a straight “pass-through” charge, and its calculation is the number of kWh consumed in a month multiplies by the ICPT rate (in sen/kWh). The ICPT charge will then be added to or subtracted from your current bill amount

The ICPT charge on your electricity bill may differ from your neighbours as the ICPT charge depends on your energy consumption (kWh) in a month. Therefore, this amount varies from one customer to another and from month to month, depending on the energy consumption. To reduce the ICPT impact, the consumers are advised to implement the electricity saving measures as recommended by the Suruhanjaya Tenaga.

The government has provided a user-friendly ICPT Calculation platform through the myelectricitybill.my portal that can be found in the Suruhanjaya Tenaga official website. The purpose of this ICPT Calculator is to educate customers to be more sensitive and alert to the changes in fuel prices and foreign exchange rates in the market. Customers can key in the coal and gas price forecasts as well as the fuel price & forex forecast to estimate the cost of ICPT at the next tariff adjustment.