Electrical Tariff Incentive Program
Electrical Tariff Incentive Program Services
The Department of Economic Development in Abu Dhabi launched the Electrical Tariff Incentive Program (ETIP) to improve the Emirate’s standing as a top industrial destination, increase the industrial sector’s economic contribution, and improve the energy sector’s efficiency.
Manufacturers in the Emirate of Abu Dhabi who hold a valid industrial license are eligible for discounted electricity pricing under the ETIP. When comparing new companies to the operative entity(s) for longer than six months, different scoring criteria apply.
A “Balanced Score Card” is issued to the applicant company. This represents a weighted composite score based on all three criteria. For businesses to be eligible for a lower electricity price, they must receive a minimum score of 50. Three tariff slabs are available to qualified enterprises for scores of 50–59, 60–80, and > 80, respectively. The scoring procedure is audited by a panel of chosen certifying agencies.
Lower electricity prices, a necessary input for any factory, benefit qualifying businesses and lead to decreased operational expenses and better financial outcomes.
Manufacturers in the Emirate of Abu Dhabi who hold a valid industrial license are eligible for discounted electricity pricing under the ETIP. When comparing new companies to the operative entity(s) for longer than six months, different scoring criteria apply.
A “Balanced Score Card” is issued to the applicant company. This represents a weighted composite score based on all three criteria. For businesses to be eligible for a lower electricity price, they must receive a minimum score of 50. Three tariff slabs are available to qualified enterprises for scores of 50–59, 60–80, and > 80, respectively. The scoring procedure is audited by a panel of chosen certifying agencies.
Lower electricity prices, a necessary input for any factory, benefit qualifying businesses and lead to decreased operational expenses and better financial outcomes.
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