Jordan Electric Power Company

What Jordan Electric Power Company does

Jordan Electric Power Company (JEPCO, ticker JOEP on the Amman Stock Exchange) is a publicly listed, regulated electricity distribution utility headquartered in Amman, Jordan. Founded in 1938 and operating under a royal concession first granted in 1947 and renewed in 1962 for 50 years, JEPCO holds the exclusive right to distribute and retail electricity across the Amman, Zarqa, Madaba, and Salt regions — central Jordan's most populous and economically active zone. The company serves 1,643,320 subscriptions through 1,582,647 installed meters (of which 1,558,074 are smart meters) and 42 branch offices, supported by ~2,017 employees.

JEPCO's core product is regulated electricity distribution and retail supply, billed under tariff structures approved by the Energy and Minerals Regulatory Commission (EMRC). Its underlying technology stack combines a physical distribution grid with smart-grid infrastructure, smart-meter automated reading, an electronic services portal, iOS/Android customer applications, and a 24/7 unified hotline. The company serves residential (with subsidized and non-subsidized tiers), commercial, small/medium industrial, agricultural, government (including the Jordanian Armed Forces), street lighting, banking, hospitality, healthcare, and electric-vehicle charging segments. JEPCO also offers renewable energy integration services for distributed solar PV and net metering connections.

The business model is volume-based, regulated-tariff electricity distribution: revenue is generated by per-kWh charges across multiple regulated tariff categories, with no alternative distribution competitor in the concession area. Customer acquisition and service delivery rely on a direct-to-consumer motion via physical branches, digital self-service channels (portal, mobile app, e-Fawateercom payment integration), and an institutional relationship with government and large enterprise customers. Complementary service lines include new-subscription processing, capacity upgrades, clearance certificates, and renewable energy interconnection. The company has obtained ISO 27001 and ISO 45001 certifications and operates under a board chaired by Eng. Osman Badir with Hassan Abdullah as Director General.

Name

Jordan Electric Power Company

Legal name

شركة الكهرباء الأردنية المساهمة العامة المحدودة (Jordan Electricity Company Public Shareholding Limited)

Website

https://jepco.com.jo

Company type

Public

Founded year

1938

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Jordan Electric Power Company (JEPCO) is a publicly listed, regulated electricity distribution utility serving 1.64 million subscriptions as the sole provider in Amman, Zarqa, Madaba, and Salt under an exclusive concession, with smart grid infrastructure and digital customer services.

Ownership category

akta.pro rank

Product category

Electricity Distribution & Retail Supply

NAICS

Electric Power Distribution (221122), Electric Power Transmission, Control, and Distribution (22112), Electric Power Generation, Transmission and Distribution (2211)

SIC

Electric Services (4911)

akta.pro primary industry

Electric Distribution System Owners (Wires-Only Companies) (EUADABAI)

akta.pro secondary industry

Municipal Electric Utilities (Munis) (EUADABAB)

Keywords

• Electricity distribution services
• Regulated utility services
• Smart grid infrastructure
• Retail electricity supply
• Energy distribution network

Headquarters

HQ city

Amman

HQ country

Jordan

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Infrastructure, Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Electricity Distribution Services: JEPCO generates revenue through regulated electricity distribution tariffs charged to customers within its concession area (Amman, Zarqa, Madaba, Salt). Revenue is derived from volume-based electricity consumption charges across various customer categories including residential, commercial, industrial, agricultural, and governmental entities. Tariffs are approved by the Energy and Minerals Regulatory Commission (EMRC).

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Jordan Electric Power Company (JEPCO) is the sole licensed electricity distribution and retail supply utility for the central Jordan governorates of Amman, Zarqa, Madaba, and Salt. It delivers regulated electricity distribution services to residential, commercial, industrial, agricultural, governmental, and electric vehicle customers, supported by a smart grid with over 1.55 million smart meters, an electronic services portal, and a mobile application for billing, consumption tracking, and new subscription management.

Product overview

Jordan Electric Power Company (JEPCO) is a public shareholding electricity distribution company operating as the sole electricity provider for Amman, Zarqa, Madaba, and Salat regions. JEPCO's product portfolio centers on its core electricity distribution and retail supply services, supported by digital infrastructure including an electronic services portal and mobile application. The company offers smart grid infrastructure with extensive smart meter deployment (1,558,074 units), renewable energy integration services for solar PV and net metering, and a comprehensive customer subscription management system. The product architecture follows a core utility services model with digital add-on modules for customer self-service, smart grid management, and electronic billing.

Differentiator

Problem solved

Functional benefit

Products and services

• Electricity Distribution Services
• Customer Subscription Services
• Renewable Energy Integration Services
• Electricity Tariff Services (Regulated Tariff Schedule)

Quantifiable outcome

• 1,643,320 total customer subscriptions served
• +2 more outcomes

Named customers8 records

Segments7 records

Ideal customer profiles7 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Hussein Technical UniversitycoreStrategic or Co-development Partner · 22 May 2026JEPCO renewed its cooperation agreement with Hussein Technical University, one of the Crown Prince Foundation initiatives, to strengthen institutional cooperation and support educational and technical advancement in Jordan.
• Jordanian Armed ForcescoreStrategic or Co-development Partner · 4 January 2024JEPCO signed a cooperation agreement with the General Command of the Jordanian Armed Forces - Arab Army for mutual collaboration in electricity services.
• Securities Depository Center (SDC)minorOthersSecurities Depository Center is referenced as a link for shareholders to access their investment information.
• Hashemite UniversityminorStrategic or Co-development PartnerJEPCO sponsored the 15th Scientific Day for the Faculty of Engineering at Hashemite University, supporting innovation and partnerships between academic and industrial sectors.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Others

• ACWA Power: Major Saudi-headquartered power and water developer/operator across MENA. Thematically related as a regional energy infrastructure player, but focused on IPP/ generation rather than distribution, so it does not directly compete with JEPCO.
• National Electric Power Company (NEPCO): Jordan's national grid operator and system operator; the counterparty from which JEPCO purchases bulk electricity for redistribution. Comparable as a regulated Jordanian utility, though its focus is transmission and wholesale rather than distribution.

Broad incumbents

• Saudi Electricity Company (SEC): Largest regulated electricity utility in the Middle East, serving most of Saudi Arabia. Comparable in regulated monopoly distribution model and government-tariff structure, though operating at materially larger scale and across generation, transmission, and distribution.
• Dubai Electricity and Water Authority (DEWA): Vertically integrated UAE utility serving Dubai with electricity and water. Comparable as a regional monopoly utility with regulated tariffs, smart-meter rollouts, and digital customer platforms; broader scope (generation + water) makes it a broad incumbent rather than direct peer.
• Iberdrola: Global integrated utility with regulated distribution networks across Spain, UK, US, and Brazil. Comparable in regulated distribution business model and smart-grid deployment, but operates at vastly larger, multi-geography scale.
• Enel: Global integrated utility with extensive distribution operations across Europe and Latin America. Comparable as a regulated distribution operator with advanced smart-grid programs, but vastly larger and multi-territory.

Regional players

• Qatar General Electricity and Water Corporation (KAHRAMAA): Qatar's national electricity and water distributor operating under a regulated monopoly. Comparable in business model and GCC regulatory environment, but geographically distinct and serves a different national market.
• Sharjah Electricity and Water Authority (SEWA): Regulated utility serving Sharjah in the UAE with electricity and water distribution. Comparable business model and tariff structure, but operating in a different GCC geography and on a smaller scale.

Direct peers

• Electricity Distribution Company (EDCO): Jordanian electricity distribution utility serving other governorates of Jordan. Operates the same regulated distribution model as JEPCO under EMRC oversight, making it the closest functional peer for benchmarking tariffs, smart-grid deployment, and operational efficiency.
• Irbid District Electricity Company (IDECO): Distributes electricity in northern Jordan under the same regulated concession model. Directly comparable in business mix, customer categories, and regulatory framework, though smaller in customer count than JEPCO.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/jordanjepco
• YouTubeyoutube.com/channel/UCercqdCu3T7PScujYPh4WtA
• Facebookweb.facebook.com/Jepco.jo
• Instagraminstagram.com/jordan_electricity

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Jordan Electric Power Company