Time-related tariffs subsidize industry, don’t raise electricity prices, Energy Minister says, 1st add

Partial peak from 14:00 to 17:00 and 23:00 to 05:00: Extractive Industrial 216 (fils/kWh), Large Industrial 120, Medium Industrial 69, Telecommunications 142, Vehicle/Household Charging 118, Vehicle/Public Station Charging without commission 113, and Optional Water Pumping 96. The minister called on the industrial sectors to interact with the time-linked tariff and make the most of the periods when electricity prices are reduced by shifting work periods from peak times to partial peak and off-peak periods, which will reduce production costs for the targeted sectors by at least 12 percent. Kharabsheh explained that the tariff simply means transferring part of the electrical load to light consumption periods, which were granted reduced prices to encourage the industrial sector to benefit from, and is based on transferring part of the load from the peak period to the off-peak period. He added that the tariff was approved after a two-year study during which the concerned authorities realized how important it w as to apply it to some sectors that had finished the process of switching from electric to smart meters, and then to the remaining sectors later on, following a thorough study, noting that the tariff will not include the domestic sector, and that it has nothing to do with the debt of the National Electric Power Company (NEPCO). He also stated that the new tariff aims to lower production costs for the industrial sectors, emphasizing that the average cost of consumption will remain unchanged compared to the pre-new tariff. Source: Jordan News Agency