The note added that the prices for higher consumption brackets, above 1,000 kW, remain unchanged at EGP 1.45/kW, as they already pay above the production cost of EGP 1.22/kW.
The energy sector will face three challenges in 2017, one of which is improving services following the lifting of electricity subsidies; consumers will pay for their electricity consumption fully, therefore they should receive better services, chairperson of the Mediterranean Energy Regulators Hafez Salmawy said at the Akhbar Al Youm economic conference. The second challenge is …
The government is considering four scenarios for the future provision of electricity subsidies, on the back of liberating the Egyptian pound and the surge in fuel prices. Government sources said that the first scenario involves the complete amalgamation of subsidies starting from the fiscal year (FY) of 2018/2019, especially as citizens will not tolerate any …
