Malaysia electricity prices

Malaysia
Electricity prices
 Residential price 0.047
 Business price 0.123
 Measure USD / kWh
 Reference September 2023
 Data availability March 2019 - March 2024
 Data frequency Quarterly
Malaysia, September 2023: The price of electricity for households is MYR 0.221 per kWh or USD 0.047 per kWh. The electricity price for businesses is MYR 0.578 kWh or USD 0.123 per kWh. This includes all components of the electricity bill such as the cost of power, distribution and taxes. For comparison, the average price of electricity in the world for that period is USD 0.156 per kWh for households and USD 0.152 per kWh for businesses.

We calculate several data points at various levels of electricity consumption for both households and businesses but on the chart we show only two data points. For households, the displayed number is calculated at the average annual level of household electricity consumption. For businesses, the displayed data point uses 1,000,000 kWh annual consumption.

The latest business and household electricity price data from March 2024 are available for download.
Electricity prices for households, September 2023
(kWh, U.S. Dollar)
0.002
0.003
0.006
0.006
0.006
0.008
0.013
0.014
0.015
0.015
0.016
0.018
0.021
0.022
0.023
0.026
0.026
0.028
0.029
0.029
0.032
0.040
0.043
0.046
0.047
0.047
0.048
0.048
0.050
0.051
0.052
0.053
0.054
0.055
0.059
0.060
0.064
0.065
0.066
0.067
0.069
0.073
0.075
0.076
0.076
0.078
0.080
0.083
0.087
0.088
0.090
0.090
0.094
0.095
0.096
0.097
0.101
0.107
0.110
0.112
0.114
0.114
0.116
0.116
0.118
0.120
0.121
0.121
0.123
0.124
0.126
0.127
0.131
0.131
0.133
0.137
0.142
0.143
0.145
0.146
0.150
0.151
0.155
0.155
0.156
0.163
0.163
0.168
0.169
0.170
0.172
0.175
0.175
0.177
0.182
0.182
0.184
0.185
0.186
0.192
0.192
0.196
0.199
0.202
0.204
0.205
0.207
0.209
0.209
0.209
0.212
0.215
0.216
0.216
0.217
0.218
0.223
0.232
0.234
0.238
0.239
0.245
0.249
0.255
0.256
0.267
0.281
0.281
0.284
0.296
0.310
0.311
0.312
0.331
0.334
0.347
0.349
0.357
0.368
0.401
0.402
0.421
0.434
0.446
0.447
0.453
0.461
0.537
0
0.1
0.3
0.4
0.54
Sources: Sabah Electricity Sdn Bhd (SESB), Sarawak Energy Berhad, Tenaga Nasional Berhad (TNB)
Malaysia: Electricity price analytics
   Values
 Residential / World average price    30.61 %
 Residential / Asia average    59.45 %
 Business / World average price    81.17 %
 Business / Asia average    116.96 %
 Residential / Business price    38.24 %
 Low / High income households    48.89 %
 Small / Large businesses    81.83 %
Updated quarterly. Methodological notes
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