Wednesday 2 May 2012

Higher utility bills help Dubai finances - The National

Higher tariffs for water and electricity allowed Dubai to save about US$250 million (Dh918.3m) on purchases of natural gas last year and postpone the costly construction of a power plant.

Under a tariff structure introduced at the beginning of last year, the Dubai Water and Electricity Authority (Dewa) charges consumers a higher rate as their usage increases and adds a fuel surcharge to utility bills if the emirate is forced to import additional volumes of gas to fire its power plants.

This halved the projected increase in natural-gas demand last year as the tariff established the punitive link between wasteful consumption and high utility bills that is commonplace outside the Gulf.

No comments:

Post a Comment