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Tuesday, 26 July 2016

Your next electricity bill will reflect new pricing

Your next electricity bill will reflect the price hike approved earlier this month. The recently announced rise in electricity prices will come into effect with your bill for electricity used in July, the head of an electricity distribution company told Al Borsa, saying that they expect to receive formal letters from the ministry on Wednesday to implement the new pricing scheme. Consumers across the income and consumption spectrum will face rising prices, Electricity Minister Mohamed Shaker had said earlier this month. New prices across different tiers will range from EGP 0.10 for 0-50 kWh for the lowest consumption tier, to 0.81 for consumption over 1000 kWh for the highest tier.

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