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Household electricity costs rise 12% after first slab approval
The electricity pricing system has decided to increase the prices for residential electricity usage by an average of 12%, while keeping the tariff for the first tier unchanged. The measures aim to achieve stability in electricity supply and lessen the burden on citizens, with the state covering a gap of 100 billion Egyptian pounds annually between the cost of producing one kilowatt-hour and the selling prices. Citizens bear increasing proportions of this gap as their consumption rises, reaching up to 100% at a consumption level of 2,000 kilowatt-hours.
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