Electricity Tariff Incentive Program (ETIP)

The Electricity Tariff Incentive Program (ETIP) was launched in 2019 in collaboration with Abu Dhabi Distribution Company (ADDC) and Al Ain Distribution Company (AADC) and regulated by the Industrial Development Bureau (IDB) of Abu Dhabi Department of Economic Development (ADDED). By offering reduced electricity tariffs to organizations with an active industrial license in Abu Dhabi, ETIP aims to augment investments and developments in Abu Dhabi’s Industrial sector by providing a regulated competitive environment, thereby ensuring elevated productivity and a way to cope with the growing energy cost.

Manufacturing entities that are in operation for more than 6 months from the date of issue of the production/operational license from ADDED

Manufacturing entities that are in operation for less than 6 months from the date of issue of the production/operational license from ADDED

Economic Impact – 50%
Investment in Abu Dhabi
Emiratization
Expatriate contribution
Supply Chain score
Economic Impact – 50%

Investment in Abu Dhabi

 

Productivity – 30%

Growth value per employee compared in retrospect.

Connectivity Load – 10%

For entities with load < 5MW

Supply Chain score – 30%
Based on Logistic fees and charges in Abu Dhabi
Connectivity Load – 10%
For entities with load < 5MW
Energy Management System (EMS) – 10%

EMS Score based.

Energy Management System (EMS) – 10%

EMS Score based.

Reliant on the results of this criteria-based audit, the entity will be awarded ETIP scores. Scores are split into three categories which will determine the eligibility of the discounted tariff rates:

(C) with a score of ≥50 and <60

(B) with a score of ≥60 and <80

(A) with score of ≥ 80

Entities will appreciate the advantage of lower electricity tariffs (a vital input), which would further result in lower operational costs and enhanced financial outcomes.
Consult with our dedicated team of specialists to know more.

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      Corporate tax Taxable income Tax deductions Tax credits Double taxation Taxable profits Tax planning Transfer pricing Dividend taxation Capital gains tax Thin capitalization Depreciation allowances Audit Financial statements Internal controls Compliance Risk assessment Taxation Income tax Tax returns Tax deductions Tax credits Tax planning Tax liabilities Tax audits Tax compliance Tax regulations Tax law Tax codes Tax exemptions Taxable income Tax implications
      Corporate tax Taxable income Tax deductions Tax credits Double taxation Taxable profits Tax planning Transfer pricing Dividend taxation Capital gains tax Thin capitalization Depreciation allowances Audit Financial statements Internal controls Compliance Risk assessment Taxation Income tax Tax returns Tax deductions Tax credits Tax planning Tax liabilities Tax audits Tax compliance Tax regulations Tax law Tax codes Tax exemptions Taxable income Tax implications
      Corporate tax Taxable income Tax deductions Tax credits Double taxation Taxable profits Tax planning Transfer pricing Dividend taxation Capital gains tax Thin capitalization Depreciation allowances Audit Financial statements Internal controls Compliance Risk assessment Taxation Income tax Tax returns Tax deductions Tax credits Tax planning Tax liabilities Tax audits Tax compliance Tax regulations Tax law Tax codes Tax exemptions Taxable income Tax implications

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