Latest News
- Kuwait-Jordan Durra Field Joint Statement Rejected By Iran
- GTD Cracks Down On Vehicle Noise Pollution In Sulaibiya
- Mystery Of Dead Fish At Shuwaikh Beach Sparks Urgent Action
- MEW To Complete Links With The Interior And Justice Ministries B...
- 8 Expats Jailed For Bribing An Officer To Obtain Driver's Licens...
- Weekend Weather Is Expected To Be Hot
- From Tomorrow, Traffic Diversion On Third Ring Road
- Ministry Of Health Refute Rumors On Non-availability Of Antibiot...
- Amir Of Kuwait And Jordan King Renew Commitment To Regional Secu...
- 37 Arrested With Narcotics And Firearms
- Outrage Over Candidate's Arrest
- Six Stores Shut Down In Jahra For Selling Fake Goods
New Electricity Fees Intended To Promote Saving
Planned new fees on power and water are primarily aimed at promoting consumption rather than reaping money, a ranking official affirmed. No matter how high the fees may be, they will not match the actual production cost, affirmed Ministry of Electricity and Water’s Undersecretary Mohammad Boushehri.
Cutting consumption by 10 percent per day saves some $1.8 million daily, equivalent to $640 million per year. “This figure is not small particularly when considering projected consumption hike in the coming years,” he said. Simultaneously with the imposition of the new fees, the power department, in cooperation with the Ministry of
Information, is launching an awareness campaign titled “consume with responsibility.” The relevant regulations exempt private residences, which account to 40 percent of the consumption, in addition to excluding the citizen who lives in a rented apartment.
The new fees’ laws are applicable on the commercial sector as of February 22, 2018. The National Assembly (Parliament) approved, on April 26 2016, the relevant bill setting the rates for power and water consumption. The ministry has set the fees at five fils per kilowatt per hour (kWh) for the investment and commercial sectors, 25 fils for the government sector, three fils for the industrial and agricultural sectors, five fils for non-producing sectors, in addition to 12 fils for the other fields. As to the consumption of fresh water in the investment and commercial sectors the rates will be KD 2 per 1,000 imperial gallons, KD 4 for the government sector, KD 2.250 for industrial and agricultural facilities, KD 2 for chalets and stables.
SOURCE : IIK
Trending News
-
Kuwait Implements Home Biometrics Services Ahead O...
14 April 2024
-
Kuwait Airways Provides Update On Flight Schedule...
14 April 2024
-
Kuwait Airways Introduces Convenient Home Luggage...
15 April 2024
-
Expat Residency Law Amended By Kuwait Ministerial...
20 April 2024
-
Two Expats Are Arrested For Stealing From Salmiya...
17 April 2024
-
An Egyptian Expat Dies At Kuwait's Airport
11 April 2024
-
Kuwait Airways Resumes Flights To Beirut And Oman...
15 April 2024
-
Bay Zero Water Park Kuwait: Summer Season Opens Ei...
11 April 2024
-
Temperature Increases Cause Electricity Load Index...
21 April 2024
-
Thief Returns Stolen Money With An Apology Letter...
15 April 2024
Comments Post Comment