By Dylan Bowman
Proposed tariff scheme in Saudi Arabia to take into consideration financial position of subscribers.
Poor families in Saudi Arabia could be set for some relief from mounting electricity bills with authorities considering a tariff scheme that takes into consideration the financial position of low and middle income subscribers.
The new scheme has been presented to top officials for approval and takes into account "the interests of all sectors, particularly low and middle income subscribers", Saudi daily Arab News reported on Sunday, citing Saleh Al-Awaji, deputy minister of electricity.
However, Al-Awaji warned families not to get their hopes up as the new scheme did not necessarily mean prices would be reduced due to the huge investment needed in the kingdom's power infrastructure.
The proposal was made by the Electricity and Dual Production Organizing Authority.For all the latest energy and oil news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.