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Kuwait power subsidies will depend income levels

The ministry for electricity and water has submitted to the Kuwaiti cabinet a special report on subsidy segments which aims to achieve parity for all consumers

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Kuwait, Subsidies, Subsidy, Utilities, News

Kuwait's undersecretary at the electricity and water ministry, Engineer Mohammad Bushehri has said that any reforms in subsidised electricity prices will not affect middle and low-income earners, and low-consumption users.

Bushehri made his remarks in a statement to KUNA on the sidelines of the GCC Interconnection Authority 4th Regional Power Trade Forum held in Abu Dhabi.

The ministry has submitted to the Kuwaiti cabinet a special report on subsidy segments which aims to achieve parity for all consumers, whether in the residential, commercial, or investment sectors, he noted.

“It is not acceptable to equal economic consumers with others, or commercial consumption with residential consumption,” said Bushehri. “A full-subsidy will be granted to economic consumers, followed by government, and commercial consumers respectively.”

GCC countries suffer high rates of power consumption due to increased temperature in the Gulf region as air-condition devices consume the biggest share of the total produced electric power, Bushehri said.

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