The Governor of the Electricity and Cogeneration Regulatory Authority said that the authority has drawn up a plan for private sector participation in the electricity industry in Saudi Arabia and is working to transform the electricity industry from a single company monopoly into an open industry subject to To the market and thrive competitively.

Abdullah al-Shehri said, according to the city, that there are programs to ensure that electricity supplies, desalination products, district cooling industries, and water and wastewater treatment services are reaching consumers in the Kingdom Sufficient, reliable, high quality and fair prices.

Al-Shehri pointed out that the authority plays many roles in this field, including the planning process for restructuring and organizing the electricity industry, proposing tariffs and monitoring the performance of the electricity industry.

He added: During the past year we completed a study to prepare the performance standards of the electricity industry, which includes about 25 standards, which are technical standards we collect information about each year and have a specific way to calculate it with comparing it to international standards. In performance, in addition to the investments and the sums that the company collects from subscribers, it behaves in an efficient and sound manner, then it is held accountable for efficient performance in this field.

Al-Shehri assured that the electricity services in the Kingdom and the level they have reached according to international standards are a strong and excellent level as the electricity system in the Kingdom is the best compared to the Arab level in terms of coverage, control and quality However, it requires significant investments, and it also requires the cooperation of the subscriber and the service provider.

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