Egypt’s state power firm EEHC hiked power prices by up to 26% from the start of the 2021-22 financial year on 1 July, with typical domestic users seeing a 16% hike to an average price of E£0.83/kWh ($0.053/kWh) according to MEES calculations. Prices for commercial users remain unchanged, albeit higher at all usage bands than residential tariffs (see table).
Egypt Raises Power Prices, Waiting on Fuel Prices
Egypt hiked power prices for average household users by 16% from 1 July, the start of the country’s financial year. But a pricing committee has yet to decide whether to raise pump prices following the 35% increase in Q2 Brent crude prices.
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IN THIS ARTICLE
Tables
Egypt Electricity Tariffs (By Monthly Usage Band): Average User Prices Up 16% In Local Currency Terms But Commercial Prices Remain Unchanged
Charts
1: Egypt Household Power Use Fell To A Multi-Year Low For Q1 2021 (Twh)
2: Industrial Power Use Has Recovered From Last Year’s Mid-Year Collapse (Twh)
REFERENCED MEES ARTICLES
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