12% hike in household electricity tariffs
The electricity pricing system has announced the implementation of a new tariff for domestic users aimed at enhancing the stability of electrical supply and achieving financial sustainability for the electricity sector. The first slab tariff has been maintained without changes, with an average increase of 12% in the new tariffs compared to the current ones. Currently, the government bears approximately 100 billion Egyptian pounds annually as a difference between production costs and selling prices. Consumers pay between 25% and 88% of the total bill depending on their consumption level; for example, the government’s share reaches 620 Egyptian pounds at a consumption of 600 kilowatt-hours and covers 100% of the cost at consumption exceeding 2,000 kilowatt-hours.
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