Dubai: Prices for water and power in Dubai will not be increased for at least two years, Dubai's Supreme Council of Energy said Sunday.
Najeeb Al Zaafrani, Secretary General and CEO of Dubai's Supreme Council of Energy, told Gulf News that the government could not guarantee that prices would not rise in the long term, but that it would depend on demand and fuel prices.
"There will be no increase in the tariff of electricity and water consumption during the few coming years in Dubai," he said.
"Dubai's Supreme Council of Energy is the only authority responsible for determining the consumption tariff, which cannot be changed without a comprehensive study taking into consideration all the elements that will be affected by such step, as well as the common good of the UAE and its citizens," he said.
In January this year, water and utility rates were increased by around 15 per cent.