Saudi Arabia News
New Electricity Tariff in Saudi Arabia from Jan 1st 2018
Saudi Electricity and Cogeneration Regulatory Authority (ECRA) along with the council of Ministers has announced that there will be revision in Electricity Tariff which will take effect from January 1st, 2018.
ECRA explained that the approved tariffs are designed to cover the cost of services and ensure sustainable electricity supply throughout the Kingdom.
It will also contribute to improving the quality of service, increasing productivity, as well as opening up the field for competition.
The Authority explained that it is working in coordination with both the Saudi Electricity Company (SEC) and the Power and Water Utility Company for Jubail and Yanbu (MARAFIQ) to take all necessary measures and amend the billing system accordingly.
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