Search Site

Trends banner

‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

High electricity bills in Jordan due to rise in winter consumption: Regulator

Jordan’s Energy and Minerals Regulatory Commission.
  • Jordan’s Energy and Minerals Regulatory Commission ascribed any rise in the electricity bill to high demand during this winter when the electricity load was at 4,010 megawatts
  • The regulator referred to repeated complaints about higher electricity bills during summer or winter when temperatures rise or fall, prompting consumption to soar

Jordan’s Energy and Minerals Regulatory Commission (EMRC) Board of Commissioners Chairman Hussein Labboun Monday denied any raise in electricity prices recently saying that the home tariff that has been in place since 2015 is still valid.

He ascribed any rise in the electricity bill to high demand during this winter, when the electric load was at 4,010 megawatts, the highest in the Kingdom’s history.

He referred to repeated complaints about higher electricity bills during summer or winter when temperatures rise or fall, prompting consumption to soar and shift to the high tariff category.

The past period saw multiple air depressions sending temperatures to dip and prompting consumers to resort to electricity for heating for longer-than-usual times, which reflected on the bill’s value, Labboun explained.

The EMRC verifies the electricity companies’ commitment to issuing monthly bills on time according to the commission’s regulations, he said.

On electricity loss, Labboun said the amount of consumption determines the tariff and ultimately a bill’s value, adding that the EMRC decides the voltage level on the grid “within the Jordanian codes and standards.”