Electricity prices

  • Electricity Prices To Surge by 19% in July

    Electricity Prices To Surge by 19% in July

    Tuesday, 9th June 2020

    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 during a press conference

  • Ministry of Electricity Announces New Prices

    Ministry of Electricity Announces New Prices

    Tuesday, 21st May 2019

    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

    Cabinet Denies Electricity Prices Increase for July

    Thursday, 16th May 2019

    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

    Electricity Prices to Increase in July

    Sunday, 24th February 2019

    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

    Power Prices to Remain Stable

    Tuesday, 8th November 2016
    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 selling prices of electricity before the beginning of the next fiscal year.
  • Egypt to Lift Power Subsides by 2019

    Egypt to Lift Power Subsides by 2019

    Monday, 10th October 2016
    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

    Egypt Plans to Increase Electricity Tariffs

    Tuesday, 9th August 2016
    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 the cost of production.
  • Egypt to Witness Increase in Electricity Prices

    Egypt to Witness Increase in Electricity Prices

    Thursday, 14th July 2016
    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 prices will steadily increase as consumption gets higher. The cabinet is expected to approve the new tariff on electricity consumption within a few days.
  • New Increase in Electricity Prices

    New Increase in Electricity Prices

    Tuesday, 28th April 2015
    The Electricity Ministry announced an increase in electricity prices to take place at the beginning of the 2015-2016 fiscal year, in July.