The Najib administration announced it will raise electricity prices by an average 7.12 per cent from June 1 (tomorrow) in an effort to trim its burgeoning subsidy bill, but promised the hike will not affect some 75 per cent of domestic consumers.
Officials said natural gas prices would also rise by RM3.00 per mmBtu each six months until it reached market levels. They also announce d that the waiving of electricity bills for domestic users who record less than RM20 per month would cease this coming December. The government said it will still spend some RM25 billion to subsidise the gas bill this year.
Well maybe for some people, this price increase is just like taking away their breakfast money. But for poor folks, it's more than breakfast. Trust me, I've been poor before and I know the feeling of sleeping on total empty stomach.