Malaysia electricity prices

The residential electricity price in Malaysia is MYR 0.221 per kWh or USD 0.051. The electricity price for businesses is MYR 0.578 kWh or USD 0.133. These retail prices were collected in December 2023 and include the cost of power, distribution and transmission, and all taxes and fees. Compare Malaysia with 150 other countries.

Historical quarterly data, along with the latest update from June 2024 are available for download.
Sources: Sabah Electricity Sdn Bhd (SESB), Sarawak Energy Berhad, Tenaga Nasional Berhad (TNB)
Electricity price analysis for Malaysia

  • Residential electricity prices in Malaysia are 30.37% of the world average electricity price and 58.68% of the average price in Asia.


  • Business electricity rates in Malaysia are 80.30% of the world average price and 115.65% of the average in Asia.


  • Household rates are 38.24% of the business rates.


  • Electricity prices paid by small businesses in Malaysia are 81.83% of the prices paid by big businesses.


  • The price paid by households with low electricity consumption is 48.89% of the price paid by households with high electricity consumption.


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