Oman plans to cut subsidies for electricity (tariffs) in what officials say is a bid to help consumers reduce consumption. "Yes there are plans. There are studies already done on how to restructure the electricity tariff to make the customers more incentivised to reduce their consumption," Mohammad Bin Abdullah Al Mahrouqi, Chairman Public Authority for Electricity and Water told Times of Oman. Asked what percentage of the subsidy could be slashed, he said, "It is the restructuring of the tariff rather than a percentage of reduction on subsidies. It's not decided yet when to implement it," he said. The Sultanate has adopted a range of restructuring on spending and revenues after the fall in oil prices. Last month officials of government-owned Oman Power and Water Procurement Company (OPWP) said the demand for power in Oman is expected to grow by almost 10% per year until 2019. (Times of Oman)