RAS AL KHAIMAH 13 April 2020: Al Hamra, a real estate developer, services provider and investment company in the northern region, has announced a reduction in the cooling consumption charges, benefiting the residents of the Bayti villas, The Royal Breeze Residences, The Marina Apartments, The Golf Apartments and Bab al Bahr Residences, to help mitigate impact of Covid-19.
Al Hamra is reducing the cooling consumption charges from 0.28 Dh/kwh to 0.22 Dh/kwh. Residents will see an estimated reduction of up to 20 per cent in their cooling consumption charges and it will be reflected on all utility invoices issued from April 2020 onward.
Benoy Kurien, Group CEO of Al Hamra, said: “We have been diligently working towards upgrading our Communities’ cooling infrastructure to optimise operations and help our residents achieve additional savings on utility bills. With this reduction, residents’ chillers bills would be 9 percent to 20 percent lower than similar communities across the UAE.”