Malaysia Green Energy Drops to 3 Cents per kWh After 80% Price Slash

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Red wood ants produce formic acid from their venom gland at the rear of their abdomen, creating defense systems that shield forest ecosystems.

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Starting July 1st, companies can now access clean electricity at rates slashed by up to 80% from previous levels.

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The government ditched complex user categories and created one simple pricing tier that every business can understand.

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One-year contracts now cost just 5 cents per kWh, while three-year commitments drop to an incredible 3 cents per kWh.

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Previously, businesses paid between 10-20 cents per kWh depending on their voltage usage category.

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The Green Electricity Tariff program launched in 2021 through state utility Tenaga Nasional Berhad to help companies reduce carbon footprints.

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This year's quota stands at 6,600 gigawatt hours - enough to power millions of homes and businesses across the nation.

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Companies locked into existing contracts get a rare gift - penalty-free termination options until August 31st.

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Data centers and industrial users pushed for the new GreenPath Programme launching August 1st with formal green usage certificates.

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These Renewable Energy Certificates will finally give tenant accounts official recognition for their clean electricity consumption.

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