MEDC copes with rising number of customers

Business Sunday 23/September/2018 14:38 PM
By: Times News Service
MEDC copes with rising number of customers

Muscat: Muscat Electricity Distribution Company (MEDC), a member of the Nama Group, added more than 6,000 new accounts to its customer base during the second quarter of 2018.
These accounts fall into different categories—agricultural, commercial, industrial and residential—in Muscat Governorate. Accordingly, the overall total number of customers by the second quarter of this year reached 375,978. The “cost reflective tariff customers” represent 1.24 per cent i.e. 4,680 of the total customer accounts, and they contribute by 55 per cent to the total revenue of electricity sales.
The number of electricity units sold during the second quarter of this year was 5,151 gigawatts per hour, with an increase of 10 per cent compared to the same period last year. The consumption of the cost reflective tariff customers was 39 per cent of total sold units during the same period.
The company continues building electrical lines and plants in the Governorate of Muscat in consistency with its plans and strategy, which cope with the increasing number of new consumers and the volume of their annual consumption.