14 • Energy
14 • Energy
@ green | March-April . 2024
BY ZAFIRAH ZAFRUDDIN
THE Green Electricity Tariff Programme ( GET ) has been extended into 2024 . This continuation comes with a renewed quota of 6,600GWh and a premium rate of 10 sen per kilowatt-hour ( kWh ) for low-voltage users and 20 sen per kWh for mediumand high-voltage users .
The programme offers an electric supply from The Integrated Clean Energy ( TBB ) to Tenaga Nasional Berhad ( TNB ) users . With recent enhancements to the programme ’ s operational methods , led by the Ministry of Energy Transition and Water Transformation ( PETRA ) and Energy Commission , the programme has established itself as a catalyst for sustainable energy practices in Malaysia .
The GET programme , a government initiative , is designed to provide electricity supply derived from TBB to TNB customers who are seeking to reduce their carbon footprint .
Since its launch in 2021 , the programme has operated continuously and has successfully distributed 6,762 GWh of green electricity to 2,461 consumers across various sectors .
This significant provision of renewable energy resources has enabled these consumers to meet their Environmental , Social and Corporate Governance ( ESG ) commitments , particularly regarding greenhouse gas emissions ( GHG avoidance ).
Providing access to clean energy , the GET programme is pivotal in advancing sustainable practices and fostering a more environmentally conscious approach to energy consumption .
That said , the programme ’ s role in helping corporate entities meet their ESG commitments is significant in its continued success and broader adoption .
REASSESSMENT FOR ENHANCED SUSTAINABILITY
Extending the GET programme into another year establishes consistency and reliability for consumers and businesses engaged in the programme while also reaffirming the government ’ s commitment to sustainable energy initiatives .
It assures stakeholders that their investments in renewable energy will be sustained , encouraging long-term commitment and investment in green infrastructure .
Additionally , extending the programme allows the accumulation of additional data and insights into its effectiveness , making this decision paramount to ensure the continued success of GET and address emerging environmental challenges .
To ensure the continued efficacy of the GET programme , PETRA and the Energy Commission conducted a thorough reassessment of its operational framework . The aim was to align the programme more closely with Malaysia ’ s environmental objectives and corporate ESG commitments .
Overall , efforts were directed towards enhancing transparency and accountability within the programme and improving the accessibility of green electricity to underserved communities .
The revision of the GET programme
GET scheme extends into 2024
Programme offers a more competitive rate this year
entails an exemption from Imbalance Cost Pass Through ( ICPT ) charges for subscribers in 2024 , ensuring costeffectiveness and encouraging wider adoption of the programme .
Apart from that , the revised tariff structure for 2024 sets competitive rates at 10 sen per kWh for residential and non-residential low-voltage users ( Commercial B , Industrial D , Mining F , Specific Agriculture H and Street Lamps G & G1 ) and 20 sen per kWh for medium and high-voltage non-residential users ( Commercial C1 , C2 , C3 & C4 tariffs , Industrial E1 , E2 & E3 , Mining F1 & F2 and Specific Agriculture H1 & H2 ) compared to the rate of 21.8 sen per kWh for the year 2023 .
ENSURING SEAMLESS PARTICIPATION
This fosters accessibility and promotes equitable pricing across different user categories . Furthermore , the streamlined subscription process , available through the myTNB portal from May
“ The GET programme , a government initiative , is designed to provide electricity supply derived from TBB to TNB customers who are seeking to reduce their carbon footprint .”
3 , 2024 , enables users to backdate their subscription to Jan 1 , 2024 , enhancing flexibility and encouraging early registration .
However , this option is only available for subscriptions from May 3-31 , 2024 .
The programme ’ s revision includes implementing the locked subscription period until Dec 13 each year , along with automatic renewal , which ensures seamless participation and sustained support for renewable energy initiatives .
Besides that , the income generated from the programme is instrumental in boosting the nation ’ s energy transition efforts , driving the expansion of renewable energy capacity through initiatives like the Solar for Rakyat Scheme ( SolaRIS ).
To guarantee transparency and accessibility for all stakeholders , detailed information about the programme is readily available on the TNB website .
Ultimately , the government ’ s recent rulings regarding the GET Programme 2024 support the nation ’ s goal to achieve carbon neutrality by 2050 . PETRA ’ s assurance of adherence to sustainability principles instils confidence in corporate entities in Malaysia regarding the programme .
The GET programme promotes green electricity generation and supply by aligning with ESG criteria and fostering transparency in its operation . The anticipated surge in GET subscriptions will boost renewable energy capacity , driving progress towards a more sustainable future .
As corporate stakeholders embrace this transformative programme , Malaysia is prepared to meet the evolving ESG needs of the corporate sector , further reinforcing its position as a leader in sustainable energy practices . – @ green