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Egypt Electricity Minister: 38-40% of power for domestic use
Would you like to know the reasons behind the increase in household electricity consumption in Egypt, or how to reduce its cost, or ways to support consumers? Data indicates that household consumption accounts for approximately 38% to 40% of the total electricity usage in Egypt. Most consumers benefit from subsidies of up to 88% in some tiers. The amount consumers bear gradually increases with higher electricity consumption, as they cover about 40% of the costs up to the third tier. The tiered support system aims to distribute subsidies fairly based on consumption levels and to achieve financial savings through the redesign of the tiers, which could amount to up to 17 billion Egyptian pounds. Investments have been made to attain high efficiency in electricity generation and fuel savings, resulting in savings of around 70 billion Egyptian pounds over two years, along with improved stability of the electrical grid.
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