Government increases electricity tariffs after fuel prices cut

Jordan

Published: 2018-02-28 17:58

Last Updated: 2018-03-03 11:03


Increase in electricity tariffs announced on Wednesday in line with decreasing fuel prices.
Increase in electricity tariffs announced on Wednesday in line with decreasing fuel prices.
Roya News Source

The Energy and Minerals Regulatory Commission (EMRC) announced a 2-fils increase in electricity tariffs for each kilowatt per hour (kWh) for households whose monthly consumption exceeds 300 kWh as of March 2018.

Electricity will be priced at 14 fils per kWh as opposed to the 12 kWh tariff imposed in February.

Meanwhile, the Fuel Pricing Committee in the Jordanian Ministry of Energy and Mineral Resources announced on Wednesday a slight decrease in fuel prices in March 2018 following the global price trend.

The pricing committee has adjusted fuel prices to the following:
• Petrol 90 Octane: reduced by 5 fils per liter to become 760 fils per liter
• Petrol 95 Octane: reduced by 15 fils per liter to become 985 fils per liter
• Kerosene: Prices were not changed and remain at 520 fils per liter
• Diesel: prices reduced by 5 fils to reach 560 fils per liter
• Gas Cylinder: the price remained at JD 7.00, even though global prices reached JD 8.63


The government has taken this step to ease the financial burden on low-income households exacerbated by the current economic conditions.