The Egyptian Ministry of Electricity is preparing to implement the eighth consecutive increase in electricity prices for domestic consumption as of the first July.
> The ministry began to apply increases in electricity prices since the fiscal year (2014/2015) and declared a plan to uninstall and educate the energy price by 2021, but has extended the table Schedule to cancel support until the fiscal year 2024/2025.
"The sources confirmed that the new increases will be 10% and will be limited to the first 5 slices of domestic consumption, and will not be exempted or reduced the increase in these slides, while prices will be installed Sixth and seventh not to receive any support, but are accounted for the highest cost of electricity production; As well as the consumers of two registries do not exceed 10% of the total consumers.
> The efforts include 132 kV, more, and high efforts from 33 to 66 kV, according to operating and maintenance contract from the Electricity and Consumer Protection Agency. The organizational rules, for the supply of electricity to supply the main developer or company, allowed the company at its request in accordance with technical and accounting controls.
