Expats in Bahrain could see their water and electricity bills almost halved

MPs believe higher rates for non-Bahrainis could be stopping foreign investment

Expats in Bahrain could see their water and electricity bills almost halved

Expats could have their electricity and water bills almost halved under a proposal by MPs who believe the high rates are stopping foreigners investing in Bahrain.

Under current rules, electricity is 29 fils per unit, and water 750 fils per unit – but the National Action Charter Bloc wants this reduced to 16 fils per unit and 450 fils per unit respectively.

Bahrainis pay 3 fils per unit for electricity under 3,000 units, increasing to 9 fils for anything above this. In effect, this means expats pay 866 per cent more than Bahrainis, reports the Gulf Daily News.

Mohammed Al Sissi, president of the bloc, said, “The sector has been badly affected since 2016, when gradual increases in rates were introduced.

“Expats are renting or owning fewer residential units – and even Bahrainis are not investing in property.”

The new proposal would also see rates slashed for Bahrainis who own more than one property, who are currently subject to higher prices.

The bill is set to be debated in parliament later this month after being recommended for approval during a public utilities and environment affairs committee meeting.

Bahrain has been focused on attracting foreign investment through improvement over the past few years – and last week, a new report found the Kingdom was among the top 20 improvers in the world for ease of doing business.

The report found King Fahd Causeway improvements, such as scanners and dedicated lanes, as well as new laws on insolvency, had helped with the improvements.

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