Etihad Water and Electricity (EtihadWE) has introduced a new energy consumption tariff structure aimed at providing financial benefits and price reductions for industrial and technology sector customers in the Northern Emirates.
The revised tariff structure implements a tiered pricing system specifically targeting industrial customers surpassing a monthly consumption threshold of 10,000 megawatt-hours. Starting at an initial rate of 32 fils/kilowatt-hour, the tariff progressively decreases to 26 fils/kilowatt-hour.
Yousef Ahmed Al Ali, CEO of EtihadWE, highlighted the importance of this initiative, stating, “This underscores EtihadWE’s dedication to providing its industrial clientele with best-in-class energy solutions.”
The launch of this new tariff structure is a collaborative effort involving the Ministry of Industry and Advanced Technology and the Ministry of Energy and Infrastructure.
Al Ali emphasized that reducing electricity consumption tariffs will not only support existing industrial establishments but also attract new investments to the region.