Cabinet Resolution No.262 of 2020 issuing the Electricity Law.

This Law consisting of 42 articles divided in 9 Chapters aims at (i) upgrading the electricity service provided to the consumer and protecting his rights, including his right to obtain electrical service with high reliability and efficiency, and choose among licensed competitors, with reasonable competitive prices; (ii) creating an appropriate environment to encourage legitimate competition in electrical activities; (iii) ensuring that the electricity sector adheres to state policies and directives; (iv) facilitating consumers' access to electrical supplies, and working to deliver services to areas not provided by the electric service; (v) providing safe, reliable, high-efficiency, and at the lowest cost possible; (vi) protecting the rights and interests of licensees, and providing a regulatory framework for electrical activities for both public and private sector; (vii) encouraging the private sector to contribute and participate in the systematic expansion of electrical activities; (viii) restructuring the electricity sector by following an effective and fair process; (ix) encouraging research and development work; and (x) ensuring that the electricity sector adheres to the approved environmental and safety regulations and standards.
The main tasks of the Ministry of Energy are as follows (i) prepare policies and strategies for the electricity sector; (ii) supervise all concerned authorities regarding approved policies and strategies; (iii) prepare the necessary plans, studies, and developmental programs for the electricity sector in coordination with the relevant authorities; and (iv) prepare a long-term plan for electricity activity - in coordination with the Authority - and approve it in light of the adopted policies strategies, and monitoring their implementation. While main tasks of the Water and Electricity Regulatory Authority are (i) issue regulations, including the following (a) the executive regulations of the Law, (b) technical, operational and procedural rules related to electrical activity, (c) performance standards that the licensee must achieve, (d) rules defining the relationship between the licensees and consumers; (e) classifying and updating the types of electricity activity; (f) the necessary rules for licenses, exemptions, and permits, including the basis for calculating the fees for them; (ii) take the necessary measures to ensure the availability of additional sources for generating electricity; (iii) take the necessary measures to manage the electrical activity; (iv) approving the documents and mechanisms of qualification and proposing electrical activity projects; (v) work in coordination with the Ministry to ensure the optimal use of energy sources in order to achieve the best return tor the national economy; and (vi) take into account the measures and standards adopted to protect the environment and encourage high-efficiency power plant projects.
The Law provides also for (i) the regulatory framework for the licenses (Chapter 3); reserve sources of electrical energy, in particular in case of emergency (Chapter 4); tariffs and prices (Chapter 5); and the competitiveness, created by the Ministry and the Authority by stimulating an investment environment in the electrical activity in order to enhance the reliability of electricity supply and its availability in the various regions and ensure the encouragement of the private sector to invest in it in a manner that guarantees the consumer the freedom to choose (Chapter 6).