{"id":601255,"date":"2019-02-24T04:12:00","date_gmt":"2019-02-24T04:12:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/24\/government-to-raise-electricity-prices-next-july\/"},"modified":"2019-02-24T04:12:00","modified_gmt":"2019-02-24T04:12:00","slug":"government-to-raise-electricity-prices-next-july","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/24\/government-to-raise-electricity-prices-next-july\/","title":{"rendered":"Government to raise electricity prices next July"},"content":{"rendered":"

Reminder: Electricity prices are going up again in July:<\/b> Electricity Minister Mohamed Shaker reminded the House Energy and Environment committee that the government plans to raise electricity prices in July, the local press<\/a><\/u> reports. A government official told us earlier this month that the state spending on subsidies is going to decline to<\/a><\/u>EGP 321 bn in the FY2019-20 budget from EGP 332 in the current fiscal year. The government raised electricity prices by about 26%<\/a><\/u> last July.<\/p>\n","protected":false},"excerpt":{"rendered":"

Reminder: Electricity prices are going up again in July: Electricity Minister Mohamed Shaker reminded the House Energy and Environment committee that the government plans to raise electricity prices in July, the local press reports. A government official told us earlier this month that the state spending on subsidies is going to decline toEGP 321 bn […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[244,72,2380,98],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-601255","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-electricity","tag-enterpriseam","tag-speed-round","tag-subsidies","wpautop","entry"],"acf":{"mongo_id":"683a244c-8251-400d-8681-a28d2f51a6ec","is_powered_by":true,"section_story_id":"c32cc657-8e18-43b5-b9b1-a4c54c070240","story_type":"1","photo_url":"","photo_position":"above","related_issue":[601242],"teaser":"","voice_url":""},"yoast_head":"\nGovernment to raise electricity prices next July - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/24\/government-to-raise-electricity-prices-next-july\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Government to raise electricity prices next July\" \/>\n<meta property=\"og:description\" content=\"Reminder: Electricity prices are going up again in July: Electricity Minister Mohamed Shaker reminded the House Energy and Environment committee that the government plans to raise electricity prices in July, the local press reports. A government official told us earlier this month that the state spending on subsidies is going to decline toEGP 321 bn […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/24\/government-to-raise-electricity-prices-next-july\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-02-24T04:12:00+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/24\/government-to-raise-electricity-prices-next-july\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/24\/government-to-raise-electricity-prices-next-july\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Government to raise electricity prices next July\",\"datePublished\":\"2019-02-24T04:12:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/24\/government-to-raise-electricity-prices-next-july\/\"},\"wordCount\":83,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"electricity\",\"EnterpriseAM\",\"SPEED ROUND\",\"subsidies\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/24\/government-to-raise-electricity-prices-next-july\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/24\/government-to-raise-electricity-prices-next-july\/\",\"name\":\"Government to raise electricity prices next July - 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The Finance Ministry will still support the electricity sector in FY2019-2020\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":598036,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/13\/government-to-decide-on-new-electricity-rates-by-may-end\/","url_meta":{"origin":601255,"position":1},"title":"Government to decide on new electricity rates by May-end","author":"enterpriseam admin","date":"13 May 2019","format":false,"excerpt":"Government to decide on new electricity rates by the end of May: The Egyptian Electrical Utility and Consumer Protection Regulatory Agency (Egyptera) has completed scenario planning for a hike in residential electricity prices expected by the start of the government\u2019s next fiscal year starting in July, the local press reports.\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":598291,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/21\/egypts-industry-could-catch-a-break-from-high-electricity-prices-govt-to-announce-new-rates-in-days\/","url_meta":{"origin":601255,"position":2},"title":"Egypt\u2019s industry could catch a break from high electricity prices, gov\u2019t to announce new rates \u201cin days\u201d","author":"enterpriseam admin","date":"21 May 2019","format":false,"excerpt":"Manufacturers could catch a break as gov\u2019t looks set to announce new electricity prices for industry today: Industrial producers could see their electricity bills fall in the state\u2019s new fiscal year, which starts in July, government sources told the domestic press. Businesses in the medium, high, and ultra-high consumption tiers\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/204.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":598171,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/cabinet-denies-reports-suggesting-egypts-home-electricity-prices-will-rise-30-60\/","url_meta":{"origin":601255,"position":3},"title":"Cabinet denies reports suggesting Egypt\u2019s home electricity prices will rise 30-60%","author":"enterpriseam admin","date":"16 May 2019","format":false,"excerpt":"Gov\u2019t (sort of) denies reports suggesting home electricity prices will rise 30-60%: The Madbouly Cabinet denied yesterday domestic press reports that emerged earlier this week quoting Electricity Ministry officials as suggesting that residential electricity prices could increase by 30-60% after the next round of subsidy cuts. The government will enforce\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":598121,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/15\/home-electricity-prices-could-rise-30-60-in-july-as-egypt-phases-out-subsidies\/","url_meta":{"origin":601255,"position":4},"title":"Home electricity prices could rise 30-60% in July as Egypt phases out subsidies","author":"enterpriseam admin","date":"15 May 2019","format":false,"excerpt":"Residential electricity prices could increase by 30-60% after the next round of subsidy cuts that will take place at the start of the next fiscal year in July, Electricity Ministry officials tell Al Mal. All households and businesses will face a price hike with the potential exception of businesses in\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/204.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":651204,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/07\/electricity-prices-set-to-increase-in-july\/","url_meta":{"origin":601255,"position":5},"title":"Electricity prices set to increase in July","author":"enterpriseam admin","date":"7 February 2017","format":false,"excerpt":"We\u2019re all going to start paying more for electricity come July: The Electricity Ministry is repricing electricity following the increase in fuel prices as a result of the EGP flotation, ministry spokesman Ayman Hamza told Al Shorouk, without providing details on the new pricing formula. 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