Companies that benefit from savings in energy bills

Tenaga's price cut is a boon to almost all companies.  Almost every stock has a big power bill they would like reduced, but perhaps the hottest companies will be....shopping malls.

Everyone who pays a utility bill knows the biggest component comes from Air conditioning.  If you want to reduce your electricity bill, use less air conditioning.  Not running air conditioners can reduce an electric bill by close to 40 percent.  These beasts take up to 1000 watts of electricity on run for hours on end.  Higher horse power = higher energy bills.

Now, who are the biggest users of air conditioning in KL, yeap you guessed it, shopping malls.  It's not just the sheer square feet, but also the volume.  Most shopping malls are cavernous and have huge volumes of air pockets to cool.  Not only that, they open for many hours much longer than your average business.

What else do these shopping malls have going for them?  Many of them have raised rental fees from parking to shop lot rentals to cope with the rise in electricity costs in 2015.  These rental fees don't drop and are not prone to price reductions like most government entities are.    Any reduction in costs of business will flow directly to their bottom line.

Shopping malls seem to be one of the tasty treats for 2015.