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ELECTRICITY TARIFF INCENTIVE PROGRAM

Under ETIP initiative, IDB requires from companies holding Industrial license in Abu Dhabi to submit ETIP certificate for claiming electric tariff incentive based upon the score achieved which is certified by one of the Certifying Body empaneled by Department of Economic Development (DED).

The amount of incentive depends upon the ETIP score ranging from 50% to above 80%. If the score is below 50% no incentive will be given.

After obtaining the ETIP certificate, the incentive will start from April, 2020 to March, 2021 and every year this Certificate is to be renewed to avail incentive.

What we offer to support our clients in certification and improving their ETIP score

We are a firm of Chartered Accountants possessing skills and experience to propose the avenues for the improvement in ETIP score and to draft a ETIP template based upon the proposed improvement.

We can arrange the ETIP Certificate from the Certifying Body, while ensuring the eligibility criteria to avail incentive under ETIP program is met in accordance with guidelines issued by IDB.

By applying our extensive knowledge in array of industries, we can make our clients understand about the ETIP certification and the determining factors that affect the ETIP score in their particular business case.

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