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.
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.
More from Business General
More from Business
Business Editor's choice
-
Saudi-Bahraini economic ties hit new high
Whilst press reports continue speculating on a possible new political structure defining ties between Saudi Arabia and Bahrain, facts on the ground confirm ever- stronger economic ties between the two neighbours
-
Cupid targets the Fed with early tweets
Declarations range from pure romance to cute overtures and racier fare
-
Do unemployment figures flatter to deceive?
Jobseekers and recruiters give out mixed signals ranging from optimism to downright despair even as official data show recovery


