Jordan welcomes April with increase in fuel, electricity prices

Jordan

Published: 2018-03-31 19:15

Last Updated: 2018-04-01 09:57


Electricity bills will reflect the increase under the heading "fuel price difference”.
Electricity bills will reflect  the increase under the heading "fuel price difference”.
Roya News Source

Jordan faces a price hike in both electricity tariffs and the price of fuel. Energy and Minerals Regulatory Commission (EMRC) announced its decision on Saturday to raise the electricity tariff by one fils (JD 0.001) per kilowatt-hour (kWh), to reach 15 fils, effective from April 1, 2018.

Head of the Commission, Farouq Hiyari, explained that the rise will be reflected under the heading “fuel price difference” in each electricity bill and noted that households using less than 300 kWh per month are still exempt from the increase.

This is the second consecutive month that Jordan witnesses a rise in electricity prices. In March the price was increased by 2 fils to reach 14 fils.

Additionally the government has increased the price of petrol and diesel for the month of April according to the following:
• Petrol 90 Octane: increased by 2 fils per liter to become 780 fils per liter
• Petrol 95 Octane: increased by 2 fils per liter to become 1050 fils per liter
• Diesel: prices increased by 1 fils to become 570 fils per liter

The price of kerosene and gas cylinders remains at their pervious prices at 520 fils per liter and JD 7 respectively.

Monthly meetings are conducted by the commission to adjust fuel prices in the local market to correspond with changes in global oil prices.

Jordanians have witnessed a severe increase in prices of commodities after the implementation of the reform plan for the year 2018.