(English) According to local news outlet, prices for electricity fees are expected to hike between 17 to 30 percent starting July 1.
The change, in line with the government’s plan to gradually removing power subsidies, will manifest in the August electricity bills as per Electricity Minister Mohamed Shaker.
According to Al Ahram, the subsidy lifting delay will cost the government EGP 26.7 billion (approximately $1.64 billion).
Similar to the previous electricity tariffs, the price hike is categorized into sectors depending on consumption. The new electricity prices for the fiscal year are as follows:
1- The first sector, which consumes from 0 to 50 kiloWatt-hour (kWh), is charged 38 piastres instead of 30 piastres (per one kWh).
2- The second sector, which consumes from 51 to 100 kWh, is charged 48 piasters instead of 40 piasters.
3- The third sector, which consumes from 0 to 200 kWh, is charged 65 piasters instead of 50 piasters.
4- The fourth sector, which consumes from 201 to 350 kWh, is charged 96 piasters instead of 82 piasters.
5- The fifth sector, which consumes from 351 to 650 kWh, is charged 118 piasters instead of 100 piasters.
6- The sixth sector, which consumes from 651 to 1000 kWh, is fixed at 140 piasters.
7- The seventh sector, which consumes from 1000 kiloWatt-hour onwards don’t receive any subsidy, and is charged 145 piasters.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.