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Power tariff rise for Riyadh residents

Price of power increase affects industrial and residential consumption

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Riyadh residents concerned over power tariff increase. (Getty Images)
Riyadh residents concerned over power tariff increase. (Getty Images)

A rise in electricity tariffs in Riyadh has residents concerned about the price paid for power.

The Saudi Gazette has reported that a new set of rates will come into effect at the end of the financial year, after the Electricity and Co-Generation Regulatory Authority approved the rise.

Sources have said that the ECRA was originally given power to change tariffs of only non-residential electrical consumption, but will be raising the cost of both – a move Al-Yaum Arabic Daily has said will affect the stability of citizens’ lives.
 

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