KUALA LUMPUR, Oct 15 (Bernama) -- The surge in global fuel prices following geopolitical tensions in West Asia, particularly security disruptions in the Strait of Hormuz, has caused gas and coal costs in the second and third quarters of 2026 to rise well above baseline prices.
Business : Global Fuel Price Surge Pushes Up Electricity Generation Costs â DPM Fadillah
Fadillah Yusof, Dewan Rakyat, West Asia, AFA, ST,
BE Bernama 
Key points
- “The surge in fuel prices has increased electricity generation costs in Peninsular Malaysia, which is reflected in the Automatic Fuel Adjustment (AFA) surcharge rates in consumers’ electricity bills,” he said during Ministers’ Question Time in the Dewan Rakyat today.
- Fadillah, who is also Energy Transition and Water Transformation Minister, said other factors contributing to the sharp increase in household electricity bills included prolonged hot weather and reduced generation capacity at some power plants.
- “As a result, fuel procurement costs for electricity generation during the crisis have been higher than those projected under RP4,” he said.
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