Tuesday, December 17, 2013

1035) THE STAR 17/12/2013 MALL HIT WITH A 'TRIPLE BLOW' WITH HIGHER ELECTRICITY TARIFFS



PETALING JAYA: Shopping mall operators are distressed over what they called a “triple blow” to the industry with the latest announcement of the increase in electricity tariffs.

Malaysian Shopping Mall Association and Highrise Complex Management president H.C. Chan said after the announcement of the Goods and Services Tax and the proposed increase in assessment by City Hall, the electricity tariff hike was the latest blow.

“Electricity is the single largest expenditure for shopping malls. This will definitely impact the competitiveness of our shopping malls and our status as a global shopping destination,” Chan said.

The 16.85% increase in tariff for the industrial category, he said, was too “steep”, adding that shopping mall operators would have to pass down the increased costs to the consumers, which would lead to inflation.

Fomca secretary-general Datuk Paul Selvaraj said more measures would have to be carried out to educate the public on energy conservation.

“As the power tariff is going to be increased, we urge the Government to do more and work with non-governmental bodies to educate the public on how they can save energy.

“The people need to be informed about the kinds of energy-saving equipment they can use and about better usage of electricity at home,” he said.

Islamic Consumer Association of Malaysia chief activist Datuk Nadzim Johan Johar said it was against the tariff hike as the public was already burdened with other price increases.


“The quality of the service must also be improved to ensure consumers’ satisfaction and that they don’t experience power cuts.”

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