Dubai's recent decision to reduce the fuel surcharges for electricity and water is also applicable to district cooling companies.
They are required to fully implement this reduction in their customers' bills, as per the directives of His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy.
The fuel surcharge for electricity was recently slashed from 6.5 to 5 fils per kilowatt-hour, and for water, it was reduced from 0.6 to 0.4 fils per Imperial Gallon.
The move is in line with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to increase the share of renewable and clean energy in Dubai’s energy mix.
"District cooling supports the objectives of the Carbon Abatement Strategy to reduce carbon emissions, which achieved great success in 2019," said Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy.
"More than 14 million tonnes of emissions were reduced last year, a 22 per cent reduction compared to business as usual. Results achieved exceeded the targets set in the Dubai Carbon Abatement Strategy, which aims to reduce carbon emissions by 16 per cent by 2021," added Al Tayer.
#Dubai Supreme Council of Energy directs district cooling companies to reduce bills https://t.co/LpbPoNoapO pic.twitter.com/cgM49KichA
— Dubai Media Office (@DXBMediaOffice) December 6, 2020