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PostPosted: Tue Jun 12, 2018 5:05 pm  |  Posted from: United Kingdom
  

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Egypt's Minister of Electricity announces rates of hikes in electricity bills for fiscal year 2018/2019.

Egypt's Minister of Electricity Mohamed Shaker announced in a press conference on Tuesday new increases in electricity prices along seven tiers of consumption, at an overall average of 26%, for the fiscal year 2018/2019, which starts in July.
The average increase in electric bills for households will be 29%. The increase in electric bills for factories will be 41.8%.

During the conference, Shaker also presented on the size of the electric power generated by the power stations the government has built and upgraded in the last four years, as well as the government's plans in completing under-construction stations and the development of solar energy plants.

The new hikes are the part of the government's efforts to close budget deficit as part of its economic reforms program.

The new prices will take effect in July.


The new rates of increases in electric bills for the fiscal year 2018/2019 are as listed below:


First tier: 0-50 Kilowatt - from 13 piastres to 22, an increase of 69%

Second tier: 51-100 Kilowatt - 22 piastres to 30, an increase of 36%

Third tier: 0-200 Kilowatt - 27 piastres to 36, an increase of 33%

Fourth tier: 201-350 Kilowatt - 55 piastres to 70, an increase of 27%

Fifth tier: 351-651 Kilowatt - 75 piasters to 90, an increase of 20%

Sixth tier: 651-1000 Kilowatt - 135 piastres 145, an increase of 8%

Seventh tier: More than 1000 kilowatts - 135 piastres to 145

Source: http://english.ahram.org.eg/News/302259.aspx

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PostPosted: Wed Jun 13, 2018 6:30 am  |  Posted from: Egypt
  

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I think that I've been paying this increase for the last 18 months. Yesterday I payed for my two flats, although my tenant pays her own bill. Her flat was 1,745 this month, mine was 1,445. The upstairs flat which is basically empty ten months a year was 220. My water has also been steadily increasing per month, around a five hundred percent hike from two years ago. The electric man says its my own fault for using so much, yet for the last seven years I've been a relatively low consumer of both water and electric. When I first connected to the grid I was being charged 100Le per 1,000 units consumed. I would of expected and excepted a two hundred percent increase over the years, but not to this extent. Yet another foreigner money making hit me thinks. And we are still getting power cuts, five over Ramadan, and the water has been off several times during the same period.

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PostPosted: Wed Jun 13, 2018 8:27 pm  |  Posted from: United Kingdom
  

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Wow that's expensive :mo

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PostPosted: Thu Jun 14, 2018 8:27 am  |  Posted from: Egypt
  

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We both have a fistful of these high electricity bills we have had to pay over the last eighteen months. These are not the highest in regards to a few of them.

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