More than RM400mil lost to electricity theft

More than RM400mil lost to electricity theft

MORE than 200,000 cases of electricity theft, valued at over RM400mil, have been reported in the last eight years, says the Ener­gy Transition and Water Trans­formation Ministry.

The ministry said Tenaga Nasio­nal Bhd (TNB) had received a total of 218,852 claims for losses due to electricity theft from 2017 to 2024, estimated at around RM440mil.

At present, 85,161 of the cases remain active, while another 1,723 cases are under negotiation for settlement.

About 131,968 cases have been successfully resolved and closed.

“Electricity theft not only causes financial losses to the country but also affects the stability of the electricity supply enjoyed by other users.

“Therefore, the ministry is committed in its efforts to combat this activity through stricter enforcement and firm action against offenders,” it said in a written reply to Syahredzan Johan (PH-Bangi) yesterday.

The ministry added that it had implemented five initiatives to tackle electricity theft.

This includes integrated raids that involve other enfor­­ce­ment agencies such as the police; granting police special investigation powers; conducting public awareness campaigns; and providing an online platform for public reports and complaints.

The ministry also said it had begun using drones equipped with high-resolution cameras and heat sensors to detect illegal electricity-guzzling cryptocurrency mining dens.

Our Experts


Daniel Michelson

Daniel is a long term investor and position trader in the forex market.

Reva Green

Reva Green is the Senior Editor for website. An experienced media professional, Reva has close to a decade of editorial experience with a background.

Shandor Brenner

Shandor Brenner, an experienced writer at fxaudit.com, brings a wealth of knowledge with over 20 years in the investment field.

Leave a Reply

CAPTCHA ImageChange Image