Dubai Electricity and Water Authority PJSC (Dewa) achieved its best financial performance ever in 2025, with record revenue, profit, and clean energy generation. The demand for electricity and water continued to rise, leading to this remarkable success across the emirate.

Dewa's annual revenue reached Dh32.84 billion, a 6.02% increase compared to the previous year. Ebitda rose to Dh17.37 billion, up by 10.47%. Operating profit surged by 17.90% to Dh10.99 billion, while profit after tax jumped by 25.66% to Dh9.09 billion, marking the highest earnings ever for the utility.

Describing 2025 as a landmark year, Saeed Mohammed Al Tayer, MD & CEO of Dewa, attributed the results to the company's operational resilience, disciplined execution, and commitment to sustainability. He emphasized that Dewa achieved its strongest financial and operational performance ever in 2025, supported by record levels of power generation, clean energy production, desalinated water output, and peak demand.

Record power and water demand

In 2025, Dewa generated 62.21 TWh of electricity, a 5.10% increase from the previous year, with clean energy accounting for 10.10 TWh, a 52.38% jump year-on-year. Clean energy represented 16.23% of total generation. Peak power demand rose by 5.83% to 11.39 GW, reflecting the emirate's rapid growth.

Water demand also reached new highs, with desalinated water consumption hitting 161.505 billion imperial gallons, up by 6.62% from the previous year. Daily peak demand climbed to 487 million imperial gallons, compared to 455 MIG in 2024. Dewa added 56,897 new customer accounts, bringing the total to 1,327,182, a 4.48% annual increase.

Q4 momentum continues

In the fourth quarter alone, Dewa generated 14.24 TWh of power, including 2.18 TWh of clean energy, a 38.35% increase from the same quarter in 2024. Water demand for the period reached 40.55 BIG, up by 5.14% year on year, while the customer base expanded by 17,823 accounts.

Investment in infrastructure and future capacity

In 2025, Dewa invested Dh11.72 billion to expand renewable capacity, desalination facilities, and transmission networks. Total installed generation capacity reached 17,979 MW by year-end, including 3,860 MW from clean energy sources. Desalinated water production capacity stood at 495 MIGD.

Looking ahead, Dewa aims to exceed 23 GW of total installed power capacity by 2030, with 8.3 GW from renewables, representing 36.1% of the future mix. Desalinated water capacity is planned to reach 735 MIGD, with 308 MIGD powered by renewable-energy-driven seawater reverse osmosis technology.

Dividend policy remains robust

Dewa reaffirmed its commitment to its semi-annual dividend framework, ensuring that profit after tax covers its Dh6.2 billion annual dividend by 1.46 times. In the first half of 2025, the company distributed Dh3.1 billion to shareholders, with a similar payout expected in April 2026 pending assembly approval.