Electricity Minister Mohamed Shaker said Thursday that there is a significant difference in the rates of bills collected from residential houses and units compared to government bodies. The official reports showed that the majority of people are committed to paying their bills, while the majority of government agencies were not so dedicated. The report also showed a strong commitment from the private sector and the investment sector to pay for their consumption, reaching 92.5 percent and 94.8 percent, respectively. During the conference, Shaker criticized the map of electricity consumption in Egypt, stressing that it is different from all of the developed countries. Egypt announced on Thursday a new hike in household electricity prices up to 40 percent this fiscal year.

Source: Egypt Independent July 08, 2017 10:41 UTC