{"id":26285,"date":"2024-02-14T13:11:48","date_gmt":"2024-02-14T05:11:48","guid":{"rendered":"https:\/\/jesseltontimes.com\/wpmarch2025\/?p=26285"},"modified":"2024-02-14T13:11:50","modified_gmt":"2024-02-14T05:11:50","slug":"sesb-incurs-an-annual-loss-of-rm200-million-due-to-electricity-theft","status":"publish","type":"post","link":"https:\/\/jesseltontimes.com\/wpmarch2025\/2024\/02\/14\/sesb-incurs-an-annual-loss-of-rm200-million-due-to-electricity-theft\/","title":{"rendered":"SESB incurs an annual loss of RM200 million due to electricity theft"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>KOTA KINABALU: SESB announced today that it experiences an annual loss of approximately RM200 million due to electricity theft.<\/p>\n\n\n\n<p>According to the chairman, Datuk Seri Wilfred Madius Tangau, SESB&#8217;s power supply grid suffers a loss of 17 percent, with 10 percent being categorised as&#8217;system lost&#8217; and the remaining seven percent as &#8216;non-system lost&#8217; or theft.<\/p>\n\n\n\n<p>From a financial standpoint, Madius told BERNAMA that a one percent loss in electricity results in RM30 million in losses for SESB annually.<\/p>\n\n\n\n<p>Therefore, non-system losses or theft contribute to a total loss of RM210 million per year for the company, he said.<\/p>\n\n\n\n<p>Madius emphasised that this amount represents 25 percent of SESB&#8217;s overall losses and could significantly reduce the company&#8217;s reliance on government subsidies, which currently amount to around RM850 million per year.<\/p>\n\n\n\n<p>He further stated that combating theft would greatly enhance SESB&#8217;s financial sustainability. As a victim of electricity thieves, SESB is committed to taking serious measures to combat these crimes.<\/p>\n\n\n\n<p>In line with this commitment, Madius recently met with Sabah Police Commissioner Datuk Jauteh Dikun at the Sabah Police Contingent headquarters.<\/p>\n\n\n\n<p>During the visit, SESB and the Royal Malaysia Police (PDRM) discussed and agreed to strengthen their cooperation in combating electricity theft in the state.<\/p>\n\n\n\n<p>Madius expressed confidence that this meeting would further enhance the existing collaboration between SESB and PDRM, emphasising the importance of working together to combat power theft crimes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KOTA KINABALU: SESB announced today that it experiences an annual loss of approximately RM200 million due to electricity theft. According to the chairman, Datuk Seri Wilfred Madius Tangau, SESB&#8217;s power supply grid suffers a loss of 17 percent, with 10 percent being categorised as&#8217;system lost&#8217; and the remaining seven percent as &#8216;non-system lost&#8217; or theft. [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":26286,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[28],"tags":[],"class_list":{"0":"post-26285","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-local-news"},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/posts\/26285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/comments?post=26285"}],"version-history":[{"count":1,"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/posts\/26285\/revisions"}],"predecessor-version":[{"id":26287,"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/posts\/26285\/revisions\/26287"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/media\/26286"}],"wp:attachment":[{"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/media?parent=26285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/categories?post=26285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/tags?post=26285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}