Jordan on Monday said it would raise electricity rates in the week between nine and 17 percent to compensate for losses caused by the reduction of gas supplies from Egypt.
"The increase between nine and 17 percent will go into effect on Wednesday to consumers who use 600 kilowatts of electricity over / hours per month," said the Electricity Regulatory Commission, AFP reported.
"Those who consume up to 600 kilowatt / hours per month, or 92 percent (6.5 million) population, the increase will not be affected," he said in a statement.
However, economists Mansur Yusef said he expects the majority of the population will be less likely to be independent of the electric rate increase.
"I do not think that the rate of 92 per cent accurate. Consumption and power demand varies seasonally. I do not think they (the commission) has the ability to calculate percentages," said Mansoor told AFP.
Natural gas pipeline to Jordan and Egypt, Israel has become the target of repeated attacks over the last year.
Egyptian gas accounts for 80 percent of Jordan's need for electricity production - 6.8 million cubic meters per day.
Jordan suffered losses due to attack of about 1.5 billion U.S. dollars in 2011, according to the commission.
Kingdom is studying the prospect of importing liquefied natural gas from Qatar, which has the third largest gas reserves in the world
The government will raise electricity tariffs to counter an expected loss of more than JD1.5 billion in the energy sector resulting from the halt in Egyptian gas supplies, a Cabinet official said Monday.compare gas prices
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