Alqanoni

Electricity Law

Art. 2
Status unknownSaudi ArabiaRegulation

Issued by Ministry of Investment (misa.gov.sa)

This Law aims to: 1. improve the electricity service provided to consumers and protect their rights, including the right to choose from among licensed competitors to ensure they receive reliable and efficient electricity service at fair, reasonable, and competitive prices; 2. create an environment that promotes fair competition; 3. ensure the electricity sector’s compliance with State policies and directives to achieve economic growth and social prosperity; 4. facilitate consumers' access to electricity and deliver electricity to off-grid areas; 5. provide safe, secure, reliable, and highly efficient electricity at the lowest cost possible; 6. protect licensees’ rights and interests by adopting a transparent, consistent, and non-discriminatory regulatory framework for electricity activities in the public and private sectors; 7. promote private sector participation in the expansion of electricity activities to enable it to achieve reasonable returns; 8. develop the structure of the electricity sector in the Kingdom to promote competition in electricity activities; Electricity Law 9. promote research and development, and localize technology, jobs, and services in the field; and 10. ensure the electricity sector complies with relevant laws and codes, as well as with approved environmental and safety standards of the electricity activity.

The Arabic text is the legally binding version. The English translation is provided for guidance only.

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