Saudi Electricity Company Installs Over 10m Smart Electric Meters

Saudi Electricity Company (SPA)
Saudi Electricity Company (SPA)
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Saudi Electricity Company Installs Over 10m Smart Electric Meters

Saudi Electricity Company (SPA)
Saudi Electricity Company (SPA)

Saudi Electricity Company (SEC) has installed 10 million smart electricity meters all over the Kingdom, of which four million were built from locally manufactured components.

Customers will be able to take advantage of SMP features after all three phases of the project have been completed: meter replacement, telecommunications connection, and billing tie-in.

Last year, SEC announced that the project to install smart electricity meters is going according to plan where the mechanical meters were replaced with smart ones, without any additional charges to customers.

The meters conform to the best local and international technical standards and specifications.

Smart meters fully automate the reading/billing process and enables the customer to examine and monitor their consumption in almost real-time with granular detail and optimize their consumption patterns for maximum efficiency.

The company said its huge project was accomplished in record time, not exceeding 14 months.

CEO of SEC Fahd al-Sudairi said with the installation of the 10 millionth meter, the company would have completed installing and replacing the mechanical meters with smart ones, pointing out that the customer will gradually detect the benefit from the services provided by smart meters.

Sudairi expressed the company’s happiness for accomplishing the project on time, despite the difficult and extraordinary circumstances the Kingdom and the world witnessed due to the COVID-19 pandemic.

The CEO asserted that the project meets the ambitions of SEC to serve its customers, pointing out that the smart meters and their technological and communication systems are resistant to the various climatic conditions.

Smart meters are the company’s most important project towards digital transformation, and it is the pivot for its strategy aiming to raise the standard of services for the better, according to Sudairi.

Smart meters are ruggedly built devices designed to withstand temperatures ranging from as high as 75° C to as low as -10° C. They are impervious to rainwater, dust, and humidity.



US, Chinese Officials Start Geneva Talks on Easing Trade War

 US Secretary of the Treasury Scott Bessent, listens to the speeches, during a bilateral meeting between Switzerland and the United States, in Geneva, Switzerland, on Friday, May 9, 2025. (Martial Trezzini/Keystone via AP)
US Secretary of the Treasury Scott Bessent, listens to the speeches, during a bilateral meeting between Switzerland and the United States, in Geneva, Switzerland, on Friday, May 9, 2025. (Martial Trezzini/Keystone via AP)
TT
20

US, Chinese Officials Start Geneva Talks on Easing Trade War

 US Secretary of the Treasury Scott Bessent, listens to the speeches, during a bilateral meeting between Switzerland and the United States, in Geneva, Switzerland, on Friday, May 9, 2025. (Martial Trezzini/Keystone via AP)
US Secretary of the Treasury Scott Bessent, listens to the speeches, during a bilateral meeting between Switzerland and the United States, in Geneva, Switzerland, on Friday, May 9, 2025. (Martial Trezzini/Keystone via AP)

China's vice premier He Lipeng held talks with US Treasury Secretary Scott Bessent early on Saturday in Geneva in a tentative first step towards defusing a trade war that is disrupting the global economy, according to China's state-owned news agency and two people close to the talks.
Bessent and US Trade Representative Jamieson Greer were due to meet He in Geneva after weeks of growing tensions that have seen duties on goods imports between the world's two largest economies soar well beyond 100%.
The trade dispute, combined with US President Donald Trump's decision last month to impose duties on dozens of other countries, has disrupted supply chains, unsettled financial markets and stoked fears of a sharp global downturn.
US President Donald Trump said on Friday an 80% tariff on Chinese goods "seems right," suggesting for the first time a specific alternative to the 145% levies imposed on Chinese imports.
The location of the talks has been kept secret, although a witness saw over a dozen police cars outside a private residence in a leafy Geneva suburb.
Mercedes vans with tinted windows were seen leaving a Geneva hotel where the Chinese delegation was staying on the banks of Lake Geneva.
Earlier, a delegation of over a dozen US officials, including Bessent and Greer, were seen smiling and wearing red ties and American flags on their lapels as they left their hotel. Bessent declined to speak to reporters.