The announced hikes range between 18-42 percent, depending on consumption levels, and will be applied starting August, Shaker said during the conference announcing the new electricity prices. According to the new price hike, households consuming 0-50 KW will be charged LE 0.13 instead of LE 0.11, an increase of 18 percent. They will be charged LE 0.27, up from LE 0.21, an increase of 25.5 percent. Users between 351 to 650 KW will be charged LE 0.75, up from LE 0.55, marking a 37 percent increase. Prices are still expected to rise following hikes to the prices of electricity and fuel.
Source: Egypt Independent July 06, 2017 13:07 UTC