Business | General

Saudi Electricity Company gears up to introduce prepaid cards

The Saudi Electricity Company is set to introduce prepaid electricity cards in about six months, said Ali Al Barak, executive president of the company.

  • By Mariam Al Hakeem, Correspondent
  • Published: 23:44 August 28, 2008
  • Gulf News

Riyadh: The Saudi Electricity Company is set to introduce prepaid electricity cards in about six months, said Ali Al Barak, executive president of the company.

These cards will replace the current electricity bill system, the Asharq Al Awsat daily quoted Al Barak as saying.

Al Barak pointed out that the prime objective behind this step is to enable power consumers to rationalise their consumption since prepaid cards will make it possible for them to find the exact volume of current they consume.

Prepaid cards will also help consumers in rationalising their monthly budgets, Al Barak said.

The scheme will help consumers avoid inconveniences resulting from power disconnection in the case of non-payment of bills, Al Barak added. The new system has evolved over several years of intensive studies during which the company sent its experts and engineers to countries applying the system, Al Barak said.

He said the company will provide subscribers with new meters compatible with the new system.

Al Barak said the prepaid cards will be made available at all shops and malls like mobile phone cards.

  • Rate this article
  • Average reader rating (0 votes) 0 Stars
Precious jump
General

Precious jump

Gold prices at new high as India's central bank buys $6.7b worth of gold

Business Editor's choice