Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Electricity bill to come in tenant's name  Join our daily free Newsletter

MENAFN - Arab News - 14/04/2014
No. of Ratings : 0
Add to Mixx!


(MENAFN - Arab News) The electricity regulatory commission (erc) announced on sunday new regulations that will guarantee the rights of tenants who are leasing houses from other landlords. it said that the electricity invoice will be issued in the name of the tenant who is actually occupying the apartment.

Rahman al-muhazi'i director general for legal affairs at erc said that 4 new companies will be established to generate power in addition to another company to handle distribution systems.

Erc also unveiled a memorandum of understanding with the saudi electric company (sec) regarding the restructuring of the company's units and operations in order to create separate entities within the sec to serve the objectives of the power grid better

Talking to a local paper mr. al muhazi'i did not give an effective date to tie in the power bill with the actual tenant. but he did say that there are now two forms of power connection agreements. one is for the connection itself and the other for consumption. 'the guidelines for providing the electrical service have been discussed with sec and they will be adopted shortly" he said



'we issued 38 licenses for the various electrical activities and we also issued 19 types of waivers in these activities 13 of which are for power generation plants 5 for multiple production plants and one waiver for a water desalination plant" he said.

He said that the gcc power connection grid has resulted in fewer cases of total power failure. 'the system provides instant support in case of power failure. losses from power failures depend on the size of the power grid and the duration of the power failure but they can range from 100 million dollars for smaller systems to a few billion dollars for larger systems. however countries can now install larger power generators which translate into bigger savings when building new power generating plants" he said.

 


Arab News




  MENA News Headlines
 Mar 24 2017 - Cheap Tortuga Music Festival Tickets at CapitalCityTickets.com with Promo CodeMENAFN Press
(MENAFN Editorial) CapitalCityTickets.com carries a vast selection of Tortuga Music Festival concert tickets at affordable prices. The Tortuga Music Festival will take place at Fort Lauderdale Beach ...

 Mar 24 2017 - Reputable Registered Nurse and Graduate of Grand Canyon University, Nisha Pullat, RN, BSN, will be Exhibited in the Worldwide Leaders in Healthcare | #PRNCMENAFN Press
(MENAFN Editorial) The International Nurses Association is pleased to welcome Nisha Pullat, RN, BSN, to their prestigious organization with her upcoming publication in the Worldwide Leaders in ...

 Mar 24 2017 - Falconcity of Wonders to connect Chinese with top Dubai projects as Platinum Sponsor of Dubai Property Show ChinaMENAFN Press
(MENAFN Editorial) UAE, March 22, 2017 Falconcity of Wonders LLC, the developer of Falconcity of Wonders (FCW), the multipurpose megaproject currently being built in Dubai, has confirmed its ...

 Mar 24 2017 - An Industry First: Teradata Debuts Open Source Kylo to Quickly Build, Manage Data PipelinesMENAFN Press
(MENAFN Editorial) Dubai, UAE March 22, 2017 Teradata (NYSE: TDC), a leading analytics solutions company, announced a new and important contribution to the open source community that will deliver ...

 Mar 24 2017 - Department of Economic Development Ajman launches new event aimed at raising awareness on promoting a secure consumption cultureMENAFN Press
(MENAFN Editorial) UAE, March 22, 2017- The Commercial Control and Consumer Protection Department of the Department of Economic Development - Ajman (DED-Ajman) will launch tomorrow (March 23, ...

 Mar 24 2017 - ManageEngine to Advance Business-IT Alignment with Help from ZohoMENAFN Press
(MENAFN Editorial) ManageEngine, the real-time IT management company, today announced its strategy for advancing the state of IT management and aligning IT with business objectives. Parent ...

 Mar 24 2017 - Cardiovascular disease may be one of the main causes of death in type 2 diabetesMENAFN Press
(MENAFN Editorial) By: Dr. Arif Abulla Abdulrahim Al Nooryani - CEO of Al Qassimi Hospital Sharjah | Head of Cardiac Cath Lab at Al Qassimi Hospital Sharjah UAE United Arab Emirates 23st ...

 Mar 24 2017 - Drake and Scull signs-off the sale deal of its ownership share in the ONE PALM development in DubaiMENAFN Press
(MENAFN Editorial) UAE, March 23, 2017 Drake & Scull International PJSC ('DSI or the 'Company), a regional engineering and services leader, signed today the sale deal of its ownership share in ...

 Mar 24 2017 - Philips expands presence across the regionMENAFN Press
(MENAFN Editorial) United Arab Emirates Royal Philips (NYSE: PHG, AEX: PHIA) announced today that is has expanded its footprint across the region following the inauguration of its new scientific ...

 Mar 24 2017 - Supreme Legislation Committee to promote more creative ideas in newly-launched Happiness Cup' contestMENAFN Press
(MENAFN Editorial) UAE, March 23, 2017- As part of the celebration of the International Day of Happiness, and in line with the efforts to achieve its goals and objectives to provide a happy work ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help