Note:<\/strong> Households using ≤600 kWh\/month<\/strong> are exempt from the RM10 retail charge<\/strong> and SST<\/strong>. <\/p>\n\n\n

\n
$\"\"$ <\/figure>\n<\/div>\n\n\n
How Will This Affect the Real Estate Market?<\/strong> <\/h2>\n\n\n\n
1.<\/strong> For Homebuyers<\/strong> <\/h3>\n\n\n\n
Rising electricity costs, especially for homes that consume more than 1,500 kWh\/month <\/strong>mean higher cost of ownership<\/strong>. <\/p>\n\n\n\n
For homebuyers, the rise in electricity tariffs could reshape purchasing decisions<\/strong> and priorities<\/strong>. <\/p>\n\n\n\n
As energy bills become a more prominent part of monthly expenses<\/strong>, buyers may begin to scrutinise a property’s energy performance just as closely as its location or layout. <\/p>\n\n\n\n
Homes that lack proper insulation, ventilation or energy-saving features may be viewed as long-term financial burdens<\/strong>, particularly for first-time buyers already stretching their budgets. <\/p>\n\n\n\n
Additionally, higher construction costs<\/strong> brought on by increased operational expenses could push property prices upwards, making affordability an even bigger challenge. <\/p>\n\n\n\n
In response, homebuyers may start to favour properties with solar panels<\/strong>, energy-efficient appliances or green building certifications, viewing them as a better investment over time.<\/p>\n\n\n\n
This could result in: <\/p>\n\n\n\n
\n
New homes might become more expensive<\/strong> as building costs are going up<\/li>\n\n\n\n
People may avoid buying homes that are not energy-efficient<\/strong><\/li>\n<\/ul>\n\n\n\n
2.<\/strong> For Tenants <\/strong><\/h3>\n\n\n\n
For tenants, particularly those in energy-intensive units or older buildings, the higher electricity tariffs<\/strong> could significantly reduce disposable income. <\/p>\n\n\n\n
Monthly utility bills could rise sharply<\/strong>, especially in units that rely heavily on air conditioning, water heaters or outdated electrical systems. <\/p>\n\n\n\n
This financial strain may cause tenants to seek smaller, more efficient units or negotiate for lower rents. The result could be a reduced demand for high-maintenance properties<\/strong>, especially in markets saturated with supply.<\/p>\n\n\n\n
This could result in: <\/p>\n\n\n\n
\n
Higher monthly rents<\/strong> <\/li>\n<\/ul>\n\n\n\n
\n
Strained affordability<\/strong> <\/li>\n<\/ul>\n\n\n\n
3. For Landlords<\/strong><\/h3>\n\n\n\n
Landlords are likely to face increased pressure<\/strong> as tenants grow more cost-conscious. <\/p>\n\n\n\n
To maintain occupancy rates and remain competitive, they may need to upgrade properties with energy-efficient fixtures<\/strong> or offer incentives to tenants concerned about high utility costs. <\/p>\n\n\n\n
Retrofitting older units with modern solutions like inverter air-conditioners, LED lighting or solar-powered water heaters may no longer be optional, but a necessity<\/strong>. <\/p>\n\n\n\n
While these investments require upfront capital, they could enhance long-term property value<\/strong> and attract more stable, sustainability-minded tenants. <\/p>\n\n\n\n
Landlords unwilling or unable to adapt may face longer vacancy periods or be forced to lower rental prices to retain interest.<\/p>\n\n\n\n
This could result in: <\/p>\n\n\n\n
\n
Risk of lower rental income<\/strong><\/li>\n\n\n\n
Pressure<\/strong> to upgrade units<\/li>\n<\/ul>\n\n\n\n
4. For Investors & Developers <\/strong><\/h3>\n\n\n\n
Commercial properties, especially those with higher energy needs such as Small-office Home-office (SoHo) <\/strong>or Small-office Versatile-office (SoVo)<\/strong> units, are likely to feel the brunt of increased electricity tariffs. <\/p>\n\n\n\n
With operating costs on the rise, property owners and investors could face shrinking profit margins<\/strong> as they contend with larger utility bills<\/strong> and higher service charges<\/strong>. <\/p>\n\n\n\n
Over time, this could affect the financial viabilit<\/strong>y of energy-intensive developments, prompting a shift in investor preferences toward more sustainable, energy-efficient projects with lower running costs.<\/p>\n\n\n\n
Projects using commercial titles (e.g., SoHo, SoVo) will face higher service charges<\/strong>. This impacts: <\/p>\n\n\n\n
\n
Rental yields<\/strong> <\/li>\n<\/ul>\n\n\n\n
\n
Long-term operational expenses<\/strong> <\/li>\n<\/ul>\n\n\n\n
\n
Development pricing<\/strong>, particularly for energy-intensive properties <\/li>\n<\/ul>\n\n\n
\n
$\"\"$ <\/figure>\n<\/div>\n\n\n
Overall Market Implications<\/strong><\/h2>\n\n\n\n
1. Impact on Affordability and Transaction Volume<\/strong><\/h3>\n\n\n\n
Higher energy costs add to the overall cost of living<\/strong> and homeownership. <\/p>\n\n\n\n
This added financial strain could slow down property transactions<\/strong>, particularly in lower to middle-income segments where budgets are already tight. <\/p>\n\n\n\n
Buyers and tenants may delay decisions or opt for more affordable, lower-maintenance alternatives.<\/p>\n\n\n\n
2. Possible Government Intervention<\/strong><\/h3>\n\n\n\n
To cushion the impact of rising tariffs, government support<\/strong> may become more likely. <\/p>\n\n\n\n
This could come in the form of energy rebates<\/strong>, tax relief for green upgrades<\/strong> or new financing schemes aimed at encouraging sustainable homeownership and development. <\/p>\n\n\n\n
Such interventions would help stabilise the market<\/strong> while guiding it toward a more energy-conscious future.<\/p>\n\n\n\n
3. Shift in Buyer and Tenant Preferences<\/strong><\/h3>\n\n\n\n
The increase in electricity tariffs is pushing both buyers and renters<\/strong> to become more selective<\/strong>. <\/p>\n\n\n\n
Properties that are not energy-efficient (especially older buildings) are becoming less desirable<\/strong> due to higher monthly utility costs. <\/p>\n\n\n\n
As affordability becomes a growing concern, demand is expected to shift towards homes that offer lower energy<\/strong> consumption through smart designs, green certifications or modern energy-saving systems.<\/p>\n\n\n\n
4. Market Moving Towards Compact and Sustainable Living<\/strong><\/h3>\n\n\n\n
In the long term, rising utility costs may lead the market to embrace smaller, more efficient<\/strong>, and environmentally friendly homes<\/strong>. <\/p>\n\n\n\n
Compact layouts, passive cooling designs, and integrated smart systems could define the next wave of residential development making sustainability not just a trend<\/strong>, but a necessity<\/strong>.<\/p>\n\n\n
\n
$\"\"$ <\/figure>\n<\/div>\n\n\n
How to Reduce Electricity Bills Under the New Tariff<\/strong> <\/h2>\n\n\n\n
To manage costs and stay below SST thresholds, here are some effective strategies: <\/p>\n\n\n\n
1. Monitor Usage Monthly<\/strong> <\/h3>\n\n\n\n
Use less than 600 kWh<\/strong> to avoid SST and retail charges. Consider a smart meter or app<\/strong> to track real-time consumption. <\/p>\n\n\n\n
2. Take Advantage of Time-of-Use (ToU) Tariffs<\/strong> <\/h3>\n\n\n\n
Shift heavy usage (laundry, air-conditioning, charging devices) to off-peak hours<\/strong>. (Weekdays: 10:00 PM – 8:00 AM, All day on weekends and public holidays.)<\/p>\n\n\n\n
3. Invest in Energy-Efficient Appliances<\/strong> <\/h3>\n\n\n\n
Switch to LED lighting<\/strong>, inverter air-conditioners<\/strong>, and energy-rated refrigerators<\/strong>. These upgrades may reduce your total bill significantly over time. <\/p>\n\n\n\n
4.<\/strong> Consider Solar Energy<\/strong> <\/h3>\n\n\n\n
Installing solar panels<\/mark><\/a> under the Net Energy Metering (NEM)<\/strong> scheme can help offset your energy consumption and stabilize long-term electricity costs. <\/p>\n\n\n\n
5. Claim Efficiency Rebates<\/strong> <\/h3>\n\n\n\n
If your usage stays below 1,000 kWh<\/strong>, you may be eligible for energy efficiency rebates<\/strong> of up to 25 sen\/kWh<\/strong>. <\/p>\n\n\n
\n
$\"\"$ <\/figure>\n<\/div>\n\n\n
Final Thoughts<\/strong> <\/h2>\n\n\n\n
The new TNB tariff and SST structure may seem technical, but its impact is real especially in the context of homeownership costs, rental yields, and tenant affordability<\/strong>. <\/p>\n\n\n\n
Whether you’re buying, renting, or investing in property, understanding how electricity charges work is now more important than ever. <\/p>\n\n\n\n
As utility bills start playing a bigger role<\/strong> in real estate decisions, staying informed and energy-smart<\/strong> will give you a clear edge. <\/p>\n\n\n\n
\n\n\n\n
Frequently Asked Questions (FAQ’s) <\/strong><\/h2>\n\n\n\n
\n
When will the new TNB tariff and SST changes take effect?<\/strong><\/p><\/div>

\n
The new tariff structure and SST changes will apply starting July 1, 2025.<\/p>\n<\/div><\/div>\n\n\n\n
Who will be charged SST on their electricity bills?<\/strong><\/p><\/div>

\n
Households consuming more than 600 kWh per month will be subject to 8% SST on their electricity bills.<\/p>\n<\/div><\/div>\n\n\n\n
How will the new TNB tariff impact property buyers and renters?<\/strong><\/p><\/div>

\n
It may increase monthly utility costs, leading to higher homeownership expenses and potential rent increases.<\/p>\n<\/div><\/div>\n\n\n\n
What is one way to reduce electricity bills under the new tariff system?<\/strong><\/p><\/div>

\n
Shifting electricity use to off-peak hours through the Time-of-Use (ToU) scheme can help lower bills.<\/p>\n<\/div><\/div>\n<\/div><\/div>\n\n\n\n
\n\n\n\n
Looking to invest in property or buy your dream home? Connect with our expert agents today to discover the best and most affordable options tailored to your needs.<\/mark><\/strong><\/p>\n\n\n\n\n\t
\n\t\t\n \n\t\t\n\t\t\n\n \n
\n Full Name:<\/label>
\n \n <\/div>\n\n\t\t
\n Location:<\/label>
\n \n\t\t\t<\/div>\n\n\t\t\t
\n\t\t\t\tPhone Number:<\/label>
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\n\t\t\t\t\t+60<\/span>\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n \t<\/div>\n\n\t\t
\n\t\t\tPlease select at least one interest.\n\t\t<\/div>\n\n\t\t
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\n\t\t\t\tI want to (Investor)<\/label>
\n\t\t\t\t Invest<\/label>
\n\t\t\t\t Buy<\/label>
\n\t\t\t\t Sell<\/label>
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\n\t\t\t I give my consent to share my information to submit this form. For more details on our data practices, please refer to our Privacy Policy.<\/a><\/label>
\n\t\t\t\n\t\t\t I want the latest property updates, marketing emails, and newsletters from IQI Global by subscribing to IQI Global mailing list<\/label>
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Component<\/strong> <\/td>	Usage ≤ 1,500 kWh<\/strong> <\/td>	Usage > 1,500 kWh<\/strong> <\/td><\/tr>
Energy Charge<\/strong> <\/td>	27.03 sen\/kWh <\/td>	37.03 sen\/kWh <\/td><\/tr>
Capacity Charge<\/strong> <\/td>	4.55 sen\/kWh <\/td>	4.55 sen\/kWh <\/td><\/tr>
Network Charge<\/strong> <\/td>	12.85 sen\/kWh <\/td>	12.85 sen\/kWh <\/td><\/tr>
Retail Charge<\/strong> <\/td>	RM10\/month (waived if ≤600 kWh) <\/td>	RM10\/month <\/td><\/tr>
SST (8%)<\/strong> <\/td>	Applies if usage >600 kWh\/month <\/td>	Applies <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n Note:<\/strong> Households using ≤600 kWh\/month<\/strong> are exempt from the RM10 retail charge<\/strong> and SST<\/strong>. <\/p>\n\n\n \n $\"\"$ <\/figure>\n<\/div>\n\n\n How Will This Affect the Real Estate Market?<\/strong> <\/h2>\n\n\n\n 1.<\/strong> For Homebuyers<\/strong> <\/h3>\n\n\n\n Rising electricity costs, especially for homes that consume more than 1,500 kWh\/month <\/strong>mean higher cost of ownership<\/strong>. <\/p>\n\n\n\n For homebuyers, the rise in electricity tariffs could reshape purchasing decisions<\/strong> and priorities<\/strong>. <\/p>\n\n\n\n As energy bills become a more prominent part of monthly expenses<\/strong>, buyers may begin to scrutinise a property’s energy performance just as closely as its location or layout. <\/p>\n\n\n\n Homes that lack proper insulation, ventilation or energy-saving features may be viewed as long-term financial burdens<\/strong>, particularly for first-time buyers already stretching their budgets. <\/p>\n\n\n\n Additionally, higher construction costs<\/strong> brought on by increased operational expenses could push property prices upwards, making affordability an even bigger challenge. <\/p>\n\n\n\n In response, homebuyers may start to favour properties with solar panels<\/strong>, energy-efficient appliances or green building certifications, viewing them as a better investment over time.<\/p>\n\n\n\n This could result in: <\/p>\n\n\n\n \n New homes might become more expensive<\/strong> as building costs are going up<\/li>\n\n\n\n People may avoid buying homes that are not energy-efficient<\/strong><\/li>\n<\/ul>\n\n\n\n 2.<\/strong> For Tenants <\/strong><\/h3>\n\n\n\n For tenants, particularly those in energy-intensive units or older buildings, the higher electricity tariffs<\/strong> could significantly reduce disposable income. <\/p>\n\n\n\n Monthly utility bills could rise sharply<\/strong>, especially in units that rely heavily on air conditioning, water heaters or outdated electrical systems. <\/p>\n\n\n\n This financial strain may cause tenants to seek smaller, more efficient units or negotiate for lower rents. The result could be a reduced demand for high-maintenance properties<\/strong>, especially in markets saturated with supply.<\/p>\n\n\n\n This could result in: <\/p>\n\n\n\n \n Higher monthly rents<\/strong> <\/li>\n<\/ul>\n\n\n\n \n Strained affordability<\/strong> <\/li>\n<\/ul>\n\n\n\n 3. For Landlords<\/strong><\/h3>\n\n\n\n Landlords are likely to face increased pressure<\/strong> as tenants grow more cost-conscious. <\/p>\n\n\n\n To maintain occupancy rates and remain competitive, they may need to upgrade properties with energy-efficient fixtures<\/strong> or offer incentives to tenants concerned about high utility costs. <\/p>\n\n\n\n Retrofitting older units with modern solutions like inverter air-conditioners, LED lighting or solar-powered water heaters may no longer be optional, but a necessity<\/strong>. <\/p>\n\n\n\n While these investments require upfront capital, they could enhance long-term property value<\/strong> and attract more stable, sustainability-minded tenants. <\/p>\n\n\n\n Landlords unwilling or unable to adapt may face longer vacancy periods or be forced to lower rental prices to retain interest.<\/p>\n\n\n\n This could result in: <\/p>\n\n\n\n \n Risk of lower rental income<\/strong><\/li>\n\n\n\n Pressure<\/strong> to upgrade units<\/li>\n<\/ul>\n\n\n\n 4. For Investors & Developers <\/strong><\/h3>\n\n\n\n Commercial properties, especially those with higher energy needs such as Small-office Home-office (SoHo) <\/strong>or Small-office Versatile-office (SoVo)<\/strong> units, are likely to feel the brunt of increased electricity tariffs. <\/p>\n\n\n\n With operating costs on the rise, property owners and investors could face shrinking profit margins<\/strong> as they contend with larger utility bills<\/strong> and higher service charges<\/strong>. <\/p>\n\n\n\n Over time, this could affect the financial viabilit<\/strong>y of energy-intensive developments, prompting a shift in investor preferences toward more sustainable, energy-efficient projects with lower running costs.<\/p>\n\n\n\n Projects using commercial titles (e.g., SoHo, SoVo) will face higher service charges<\/strong>. This impacts: <\/p>\n\n\n\n \n Rental yields<\/strong> <\/li>\n<\/ul>\n\n\n\n \n Long-term operational expenses<\/strong> <\/li>\n<\/ul>\n\n\n\n \n Development pricing<\/strong>, particularly for energy-intensive properties <\/li>\n<\/ul>\n\n\n \n $\"\"$ <\/figure>\n<\/div>\n\n\n Overall Market Implications<\/strong><\/h2>\n\n\n\n 1. Impact on Affordability and Transaction Volume<\/strong><\/h3>\n\n\n\n Higher energy costs add to the overall cost of living<\/strong> and homeownership. <\/p>\n\n\n\n This added financial strain could slow down property transactions<\/strong>, particularly in lower to middle-income segments where budgets are already tight. <\/p>\n\n\n\n Buyers and tenants may delay decisions or opt for more affordable, lower-maintenance alternatives.<\/p>\n\n\n\n 2. Possible Government Intervention<\/strong><\/h3>\n\n\n\n To cushion the impact of rising tariffs, government support<\/strong> may become more likely. <\/p>\n\n\n\n This could come in the form of energy rebates<\/strong>, tax relief for green upgrades<\/strong> or new financing schemes aimed at encouraging sustainable homeownership and development. <\/p>\n\n\n\n Such interventions would help stabilise the market<\/strong> while guiding it toward a more energy-conscious future.<\/p>\n\n\n\n 3. Shift in Buyer and Tenant Preferences<\/strong><\/h3>\n\n\n\n The increase in electricity tariffs is pushing both buyers and renters<\/strong> to become more selective<\/strong>. <\/p>\n\n\n\n Properties that are not energy-efficient (especially older buildings) are becoming less desirable<\/strong> due to higher monthly utility costs. <\/p>\n\n\n\n As affordability becomes a growing concern, demand is expected to shift towards homes that offer lower energy<\/strong> consumption through smart designs, green certifications or modern energy-saving systems.<\/p>\n\n\n\n 4. Market Moving Towards Compact and Sustainable Living<\/strong><\/h3>\n\n\n\n In the long term, rising utility costs may lead the market to embrace smaller, more efficient<\/strong>, and environmentally friendly homes<\/strong>. <\/p>\n\n\n\n Compact layouts, passive cooling designs, and integrated smart systems could define the next wave of residential development making sustainability not just a trend<\/strong>, but a necessity<\/strong>.<\/p>\n\n\n \n $\"\"$ <\/figure>\n<\/div>\n\n\n How to Reduce Electricity Bills Under the New Tariff<\/strong> <\/h2>\n\n\n\n To manage costs and stay below SST thresholds, here are some effective strategies: <\/p>\n\n\n\n 1. Monitor Usage Monthly<\/strong> <\/h3>\n\n\n\n Use less than 600 kWh<\/strong> to avoid SST and retail charges. Consider a smart meter or app<\/strong> to track real-time consumption. <\/p>\n\n\n\n 2. Take Advantage of Time-of-Use (ToU) Tariffs<\/strong> <\/h3>\n\n\n\n Shift heavy usage (laundry, air-conditioning, charging devices) to off-peak hours<\/strong>. (Weekdays: 10:00 PM – 8:00 AM, All day on weekends and public holidays.)<\/p>\n\n\n\n 3. Invest in Energy-Efficient Appliances<\/strong> <\/h3>\n\n\n\n Switch to LED lighting<\/strong>, inverter air-conditioners<\/strong>, and energy-rated refrigerators<\/strong>. These upgrades may reduce your total bill significantly over time. <\/p>\n\n\n\n 4.<\/strong> Consider Solar Energy<\/strong> <\/h3>\n\n\n\n Installing solar panels<\/mark><\/a> under the Net Energy Metering (NEM)<\/strong> scheme can help offset your energy consumption and stabilize long-term electricity costs. <\/p>\n\n\n\n 5. Claim Efficiency Rebates<\/strong> <\/h3>\n\n\n\n If your usage stays below 1,000 kWh<\/strong>, you may be eligible for energy efficiency rebates<\/strong> of up to 25 sen\/kWh<\/strong>. <\/p>\n\n\n \n $\"\"$ <\/figure>\n<\/div>\n\n\n Final Thoughts<\/strong> <\/h2>\n\n\n\n The new TNB tariff and SST structure may seem technical, but its impact is real especially in the context of homeownership costs, rental yields, and tenant affordability<\/strong>. <\/p>\n\n\n\n Whether you’re buying, renting, or investing in property, understanding how electricity charges work is now more important than ever. <\/p>\n\n\n\n As utility bills start playing a bigger role<\/strong> in real estate decisions, staying informed and energy-smart<\/strong> will give you a clear edge. <\/p>\n\n\n\n \n\n\n\n Frequently Asked Questions (FAQ’s) <\/strong><\/h2>\n\n\n\n \n When will the new TNB tariff and SST changes take effect?<\/strong><\/p><\/div> \n The new tariff structure and SST changes will apply starting July 1, 2025.<\/p>\n<\/div><\/div>\n\n\n\n Who will be charged SST on their electricity bills?<\/strong><\/p><\/div> \n Households consuming more than 600 kWh per month will be subject to 8% SST on their electricity bills.<\/p>\n<\/div><\/div>\n\n\n\n How will the new TNB tariff impact property buyers and renters?<\/strong><\/p><\/div> \n It may increase monthly utility costs, leading to higher homeownership expenses and potential rent increases.<\/p>\n<\/div><\/div>\n\n\n\n What is one way to reduce electricity bills under the new tariff system?<\/strong><\/p><\/div> \n Shifting electricity use to off-peak hours through the Time-of-Use (ToU) scheme can help lower bills.<\/p>\n<\/div><\/div>\n<\/div><\/div>\n\n\n\n \n\n\n\n Looking to invest in property or buy your dream home? Connect with our expert agents today to discover the best and most affordable options tailored to your needs.<\/mark><\/strong><\/p>\n\n\n\n\n\t \n\t\t\n \n\t\t\n\t\t\n\n \n \n Full Name:<\/label> \n \n <\/div>\n\n\t\t \n Location:<\/label> \n \n\t\t\t<\/div>\n\n\t\t\t \n\t\t\t\tPhone Number:<\/label> \n\t\t\t\t \n\t\t\t\t\t+60<\/span>\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n \t<\/div>\n\n\t\t \n\t\t\tPlease select at least one interest.\n\t\t<\/div>\n\n\t\t \n\t\t\t \n\t\t\t\tI want to (Investor)<\/label> \n\t\t\t\t Invest<\/label> \n\t\t\t\t Buy<\/label> \n\t\t\t\t Sell<\/label> \n\t\t\t<\/p>\n\t\t<\/div>\n\n\t\t \n\t\t\t I give my consent to share my information to submit this form. For more details on our data practices, please refer to our Privacy Policy.<\/a><\/label> \n\t\t\t\n\t\t\t I want the latest property updates, marketing emails, and newsletters from IQI Global by subscribing to IQI Global mailing list<\/label> \n\t\t<\/div>\n\n\t\t\n\n\n \n

5. Claim Efficiency Rebates<\/strong> <\/h3>\n\n\n\nIf your usage stays below 1,000 kWh<\/strong>, you may be eligible for energy efficiency rebates<\/strong> of up to 25 sen\/kWh<\/strong>. <\/p>\n\n\n\n<\/figure>\n<\/div>\n\n\n