Egypt Raises Electricity Tariffs for High-Use Households and Commercial Users Starting in April

Egypt Raises Electricity Tariffs for High-Use Households and Commercial Users Starting in April

Egypt will raise electricity prices for commercial customers and for higher-use residential consumption brackets starting in April, the Ministry of Electricity and Renewable Energy said on Saturday 4 April in a statement, citing a “severe and unprecedented” global energy crisis linked to the ongoing conflict in the Gulf region.  The ministry emphasized that the decision is intended to preserve electricity supply while ensuring the increases woul…

Electricity prices increase for higher and commercial consumption brackets

The Egyptian Ministry of Electricity and Renewable Energy announced that the current severe and unprecedented global energy resource crisis due to the ongoing war in the Arabian Gulf region has necessitated the ministry’s decision to increase electricity prices for certain commercial and residential consumption brackets, effective this April. In a statement issued on Saturday, the ministry emphasized that the increases were carefully designed to…

Egypt raises electricity prices for higher-use households, businesses amid energy crisis

Egypt has raised electricity prices for higher-use residential consumers and commercial users starting in April, the electricity ​ministry said on Saturday, citing a severe global energy ‌crisis linked to the war in the Gulf region. The move is the latest in a series of steps by the government to curb energy use ​and contain mounting fiscal pressure as higher import costs strain ​the finances of the Arab world’s most populous country. In ⁠a stat…

Egypt Increases Electricity Prices for Commercial Sector

The Egyptian government announced a steep increase in electricity prices for the commercial sector, ranging from 20% to 90%.