Saudi Electricity Company is currently executing projects amounting to SR 150 billion and planing to implement electric projects worth more than SR 500 billion during its developmental plans for the next ten years to meet to the large demand for electric service in the Kingdom of Saudi Arabia. In its annual report for the year 2013, the Company said that the number of subscribers to Saudi Electricity Company reached (7,142,816) at the end of the year (2013) in (12,644) cities, towns and villages, accounting for 99% of the Kingdom's population. The report pointed out that the available generation capacity in 2013 amounted to 58,462 Mega Watts; the company has succeeded in adding 4873 Mega Watts of combined capacity to service as part of its new five-year plan launched in early 2013; and it targets addition of (20,000) Mega Watts until the year 2018.