KUALA LUMPUR, Oct 15 (Bernama) -- Eligible renewable energy developers under the Corporate Renewable Energy Supply Scheme (CRESS) Acceleration Package (CAP) will benefit from a fixed system access charge (SAC) of 14 sen per kilowatt-hour (kWh) for 10 years, while green consumers will be subject to a separate charge of four sen/kWh.
Business : CRESS Charges Fixed At 14 Sen/kWh For Developers, 4 Sen For Green Consumers -- EC
CRESS, Energy Commission, Ministry of Energy Tra
BE Bernama 
Key points
- The Energy Commission (EC) said the revised charging structure was intended to give developers greater cost certainty while ensuring transparent, equitable allocation of costs and risks between developers and green consumers.
- “For green consumers, a separate CRESS charge of four sen per kWh will apply based on the prevailing Regulatory Period 4 tariff,” it said in a statement.
- The separate CRESS charge is based on green consumers’ electricity consumption and is distinct from project development costs and the SAC applicable to renewable energy developers.
Sentences selected automatically from the original article by Bernama.
Read the full story on Bernama That's the opening of the story. The full piece is published by Bernama.
Continue reading ↗ Story details
- Published
- Section
- news
- Format
- Article
- Original
- bernama.com ↗