Draft:Jordan Electric Power Company (JEPCO)
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| Submission declined on 14 October 2025 by Dan arndt (talk). This appears to be a duplicate of another submission, Jordan Electric Power Company, which is also waiting to be reviewed. To save time we will consider the other submission and not this one. Declined by Dan arndt 6 days ago. | |
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| |
Native name | شركة الكهرباء الأردنية |
|---|---|
| Company type | Public shareholding company |
| ASE: JOEP | |
| Industry | Electric power distribution |
| Founded | 1938 |
| Founder | Mohammad Ali Bdeir |
| Headquarters | Amman, Jordan |
Area served | Amman, Zarqa, Madaba, and Balqa governorates |
Key people | Board of Directors |
| Products | Electricity distribution and retail |
Number of employees | 3,200 (2024) |
| Website | www.jepco.com.jo |
The Jordanian Electric Power Company (JEPCO) (Arabic: شركة الكهرباء الأردنية المساهمة العامة المحدودة) is a public shareholding company responsible for the distribution and retail supply of electricity in central Jordan. Its concession area includes the governorates of Amman, Zarqa, Madaba, and Balqa. The company is listed on the Amman Stock Exchange under the symbol JOEP.[1]
History
[edit]The Jordanian Electric Power Company was founded in 1938 as the Amman Electric Company. The company began operations in Amman by replacing kerosene lamps in the city’s streets with electric lighting. This marked the introduction of electricity to Jordan.[2]
In 1947, JEPCO was restructured as a public shareholding company under its current name. Over the following decades, it expanded its concession to include Amman, Zarqa, Madaba, and Balqa, becoming the main electricity distributor in central Jordan.[3]
The company's concession was renewed in 1962 for fifty years.[4]
As part of later reforms, Jordan’s electricity distribution sector was divided among three companies: JEPCO for central Jordan, the Electricity Distribution Company (EDCO) for the south and east, and the Irbid District Electricity Company (IDECO) for the north.[5]
JEPCO has invested in modernizing its infrastructure and adopting GIS and digital mapping technologies to improve service reliability and network management.[6]
Corporate structure and ownership
[edit]JEPCO operates as a public shareholding company regulated by the Energy and Minerals Regulatory Commission (EMRC). Major shareholders include the Social Security Corporation (approximately 23%) and the Government of Jordan (about 2%).[7]
Operations
[edit]Distribution and supply
[edit]JEPCO’s primary activity is distributing electricity purchased from the National Electric Power Company (NEPCO) to residential, commercial, industrial, and agricultural consumers. As of 2024, the company served over 1.6 million customers.[8]
Infrastructure and technology
[edit]The company manages substations, lines, and transformers throughout its concession area. JEPCO has adopted GIS-based systems for outage management, asset tracking, and customer service operations, including ArcGIS for digital mapping and geocoding customer addresses.[6]
Strategic initiatives
[edit]JEPCO has implemented fire-safe MIDEL transformer liquids since 1997 to improve safety and sustainability.[9]
The company has also partnered with international programs such as the Jordan Utility Partnership Program, providing training to over 260 personnel in Jordanian electricity entities.[10]
Financials
[edit]JEPCO generates revenue primarily from electricity distribution. In 2023, total revenue reached JD1.001 billion, up from JD985.4 million in 2022. Net profit for 2023 was JD21.5 million, and capital reached JD91.7 million.[11]
As of June 2025, total equity was JD132 million.[12]
See also
[edit]- National Electric Power Company (Jordan)
- Electricity Distribution Company (Jordan)
- Irbid District Electricity Company
- Energy in Jordan
References
[edit]- ^ "Jordanian Electric Power Co. Profile". Amman Stock Exchange. Retrieved 15 October 2025.
- ^ "Company History". Jordanian Electric Power Company (in Arabic). Retrieved 15 October 2025.
- ^ "Electricity Distribution in Jordan" (PDF). United States Energy Association. 2009. Retrieved 15 October 2025.
- ^ "JEPCO History & Milestones". Retrieved 15 October 2025.
- ^ "Jordan Country Profile". International Atomic Energy Agency. Retrieved 15 October 2025.
- ^ a b "Digital Transformation in Jordan: JEPCO Modernizes Asset Management". Esri. Retrieved 15 October 2025.
- ^ "Jordan Electric Power Co Company Profile". MarketScreener. Retrieved 15 October 2025.
- ^ "JEPCO Company Profile Q3 2024" (PDF). JEPCO. Retrieved 15 October 2025.
- ^ "JEPCO Strategic Vision & MIDEL Transformers". 7 July 2017. Retrieved 15 October 2025.
- ^ "Utility Partnership Program Jordan" (PDF). Retrieved 15 October 2025.
- ^ "JEPCO Financial Report 2023". Retrieved 15 October 2025.
- ^ "JEPCO Total Equity". Retrieved 15 October 2025.