Statute of the Saudi Electricity Regulatory Authority

Release Date:	1442-05-14
Release Tool:	Council of Ministers Resolution
Issuance Instrument Number:	263
Validity:	Valid
Date of last amendment:	1445-10-28
Summary:	By AI The Saudi Council of Ministers approved the organization of the Water and Electricity Regulatory Authority, with exceptions for reviewing service tariffs. A ministerial committee was tasked with determining the cost of electrical activity and the deficit between the assumed and actual income. The Ministry of Energy and the Ministry of Finance will continue to be members of the Authority's Board of Directors until the restructuring is completed, with the addition of a representative from the Mini...

Release Date:

1442-05-14

Release Tool:

Council of Ministers Resolution

Issuance Instrument Number:

263

Validity:

Valid

Date of last amendment:

1445-10-28

Summary:

By AI

The Saudi Council of Ministers approved the organization of the Water and Electricity Regulatory Authority, with exceptions for reviewing service tariffs. A ministerial committee was tasked with determining the cost of electrical activity and the deficit between the assumed and actual income. The Ministry of Energy and the Ministry of Finance will continue to be members of the Authority's Board of Directors until the restructuring is completed, with the addition of a representative from the Mini...