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New electricity prices start date and details
The Ministry of Electricity and Renewable Energy officially implemented the new electricity prices for the residential sector starting today, Saturday, August 1, 2026, with a total increase of approximately 12%. The adjustments include keeping the price of the first slab at 68 piastres without any increase to support low-consumption groups, while the upper slabs experienced increases ranging from 6.2% to 21.8%, along with the removal of support for the highest consumptions. Consumers will be billed according to these new prices for August, with the updated rates appearing in September bills. The modifications involve a gradual increase in prices across most slabs, aiming to reduce subsidies for high-consuming consumers.
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