RAE introduces five electricity billing categories

Revised billing layout guidelines forwarded by RAE, the Regulatory Authority for Energy, to electricity suppliers include five billing categories, leading to a framework enabling the suspension of wholesale price clauses.

The five categories offer: fixed tariffs; flexible tariffs with limitless adjustment clauses; flexible tariffs with upper and lower limits to adjustment clauses; flexible tariffs without upper and lower limits to adjustment clauses; and flexible tariffs without adjustment clauses.

The objective is to categorize new bills emerging in the market. The existing categorization system, comprised of three categories, would have led to consumer confusion as a result of structural inconsistencies.