Electricity prices | Egypt Oil & Gas

Electricity Prices To Surge by 19% in July

Commercial and household's electricity prices for Fiscal Year (FY) 2019/2020 and FY 2020/2021 will increase by 19% starting from July, the Minister of Electricity and Renewable Energy Mohamed Shaker announced duri ...

Ministry of Electricity Announces New Prices

The new electricity prices in fiscal year (FY) 2019/20 will vary based on the consumer's segment and will be applicable starting July 2019.

Cabinet Denies Electricity Prices Increase for July

The Cabinet said that the assumed percentage is inaccurate and any official increase will be announced by the Cabinet through an official press conference.

Electricity Prices to Increase in July

Egypt's electricity budget deficit reached EGP 21 billion, and there is no escape from the electricity prices increase of July 2019.

Power Prices to Remain Stable

As a result of the EGP devaluation, the Egyptian Ministry of Electricity will incur about EGP 100b yearly, EGP 50b came due to the repricing of fuel used in power generation. Yet, there will be no increase in the sel ...

Egypt to Lift Power Subsides by 2019

Sources with the Egyptian government stated that no budget was allocated for electricity subsidies in Egypt starting from fiscal year 2018/2019.

Egypt Plans to Increase Electricity Tariffs

The Egyptian Electricity and Renewable Energy Minister, Mohamed Shaker, announced that the government is to increase electricity tariffs for both residential and commercial consumption to counter balance the rise in ...

Egypt to Witness Increase in Electricity Prices

The Minister of Electricity and Renewable Energy, Mohamed Shaker, has announced that a slight increase in the prices of electricity will be witnessed during the first three segments of consumption. Later on the price ...

New Increase in Electricity Prices

The Electricity Ministry announced an increase in electricity prices to take place at the beginning of the 2015-2016 fiscal year, in July.

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