‎Saudi Energy sees no material impact from utility tariff changes

‎Saudi Energy sees no material impact from utility tariff changes ‎Saudi Energy sees no material impact from utility tariff changes

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Logo of Saudi Energy Co.

Saudi Energy Co. does not expect the electricity service tariff adjustment to have a material financial impact on its financial results.

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The came in a Tadawul disclosure today, Oct. 26, following an assessment of the adjustment’s impact under the regulatory framework for determining required revenue.

According to Argaam data, Saudi Energy announced on Oct. 25 that the electricity service tariff was adjusted in accordance with the governance procedures for amending energy and water product prices. The revised tariff will take effect on Jan. 1, 2027.

 

‎

Logo of Saudi Energy Co.

Saudi Energy Co. does not expect the electricity service tariff adjustment to have a material financial impact on its financial results.

The came in a Tadawul disclosure today, Oct. 26, following an assessment of the adjustment’s impact under the regulatory framework for determining required revenue.

According to Argaam data, Saudi Energy announced on Oct. 25 that the electricity service tariff was adjusted in accordance with the governance procedures for amending energy and water product prices. The revised tariff will take effect on Jan. 1, 2027.

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