Today marks the darker day in the life of consumers. Electricity tariff in the peninsula goes up by 12% from today.TNB said the increase will not affect the low to medium income group which uses less than 200kWh of electricity per month as the existing rate of 21.8 sen per kWh remains unchanged. Energy, Water and Communications Minister Datuk Seri Dr Lim Keng Yaik said those unaffected by the tariff increase made up 60% or 3.036 million of the 5.1million households in the peninsula.
Many poor consumers who are delighted that their watt consumption is falling below the marginal hiking point, are happy of being good fortune. As they have believed that the government is having the people in mind before allowing the increase by TNB. So they have expressed comfortably that they are not affected. In fact, it's so stupid for not understand simply the cost accounting implication that "wool is coming from the body of sheep".
Commodities from what you eat to what you use in daily life is mostly produced under a cost of electricity. Since the electricity hike will likely affect business circles in all sectors, certainly the burden would be passed on to consumers. And at the end, it is only those people in the low to medium income group to suffer from inflation.
Inflation and deflation play a vital role in the frugality of economy. Let see how people could stand getting balance within the degree of wealth (income) and comfort (spending) in everyday life! May I exclaim Malaysia boleh?
3 comments:
lim keng yaik think we consumer have no brain to think. he think he is pleasing us (those whose electricity use is below 200kwh) but we are not that stupid. we do know about the 'domino' effect, which will for sure affects everybody.
Malaysia Boleh! KK, please go over to my blog to see if you can lend a hand. I need a title for my new book. Thanks.
yeh! lucia you are right.
lydia, I think M Boleh akin to your book boleh. I propose "Charterboxes made difficult"???
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