{"id":632237,"date":"2018-02-06T04:13:37","date_gmt":"2018-02-06T04:13:37","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/06\/electricity-ministry-begins-holding-meetings-to-determine-the-new-electricity-prices\/"},"modified":"2018-02-06T04:13:37","modified_gmt":"2018-02-06T04:13:37","slug":"electricity-ministry-begins-holding-meetings-to-determine-the-new-electricity-prices","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/06\/electricity-ministry-begins-holding-meetings-to-determine-the-new-electricity-prices\/","title":{"rendered":"Electricity Ministry begins holding meetings to determine the new electricity prices"},"content":{"rendered":"

<\/a> Electricity prices to rise in July, all consumption \/ income tiers to be hit; no imminent fuel price hikes -Oil Ministry. <\/strong>The Electricity Ministry is actively working on new electricity prices set to come into effect in July, said minister Mohamed Shaker, according to Al Borsa<\/a>. He appeared to imply that the new price hikes will impact all consumption tiers, including those on the lower end of the income \/ consumption spectrum. He also noted that an appreciating EGP would help blunt the price hike. Shaker said that the Egyptian Electric Utility and Consumer Protection Agency (Egyptera) is currently studying its pricing formula. Electricity ministry sources had said last week<\/a> that the hikes for the lowest tier of consumers will be limited to 15%, after it had initially been planned to increase 25%. They say the reduction comes as the government pushed back eliminated subsidies on electricity to 2020, instead of 2019.<\/p>\n

Gov\u2019t downplays rumors of an imminent hike in fuel prices: <\/strong>The fear of price hikes in the FY2018-19 fiscal year has been driving speculation in the press of a hike in fuel prices coming ahead of schedule. A number of news outlets had been reporting rumors on social media over the past week that fuel hikes were imminent, prompting dismissals from the Oil Ministry<\/a> and the Ismail cabinet\u2019s Information and Decision Support Center, Ahram Online reports<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Electricity prices to rise in July, all consumption \/ income tiers to be hit; no imminent fuel price hikes -Oil Ministry. The Electricity Ministry is actively working on new electricity prices set to come into effect in July, said minister Mohamed Shaker, according to Al Borsa. He appeared to imply that the new price hikes […]<\/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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-632237","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"35381766-7b95-433c-b978-f420a1409db9","order":"0","is_powered_by":true,"section_story_id":"d70394af-fd7e-4731-983f-4516b6f0e4f4","story_type":"1","photo_url":"","photo_position":"above","related_issue":[632222],"teaser":"","voice_url":""},"yoast_head":"\nElectricity Ministry begins holding meetings to determine the new electricity prices - 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\/2018\/02\/06\/electricity-ministry-begins-holding-meetings-to-determine-the-new-electricity-prices\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Electricity Ministry begins holding meetings to determine the new electricity prices\" \/>\n<meta property=\"og:description\" content=\"Electricity prices to rise in July, all consumption \/ income tiers to be hit; no imminent fuel price hikes -Oil Ministry. 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Speculation about how far electricity prices will rise in July has kicked into overdrive, with ministry sources telling Al Mal that its final recommendation to cabinet is for prices to rise 33-55%. Previous reports had suggested that the\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":572033,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/09\/egypt-what-to-expect-with-the-electricity-price-hikes-coming-in-july\/","url_meta":{"origin":632237,"position":2},"title":"Egypt: What to expect with the electricity price hikes coming in July","author":"enterpriseam admin","date":"9 June 2020","format":false,"excerpt":"What to expect from the electricity price hikes to be announced today: Electricity Minister Mohamed Shaker has floated two different proposals to the Egyptian Electric Utility and Consumer Protection Agency\u2019s (Egyptera) board of directors for a hike in electricity prices expected to take effect on 1 July, the local press\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\/2020\/6\/94.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":632918,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/22\/electricity-ministry-postpones-subsidy-elimination-to-fy2020-2021-bills-still-going-up-in-july\/","url_meta":{"origin":632237,"position":3},"title":"Electricity Ministry postpones subsidy elimination to FY2020-2021, bills still going up in July","author":"enterpriseam admin","date":"22 February 2018","format":false,"excerpt":"Electricity Ministry postpones subsidy elimination to FY2020-2021, but bill will still go up in July: The Electricity Ministry is planning to delay the full elimination of subsidies on power bills to FY2020-2021 from FY2019-2020 as had been originally planned, Minister Mohamed Shaker announced yesterday, Al Shorouk reports. Electricity prices will\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":647361,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/09\/electricity-ministry-to-decide-on-new-electricity-prices-this-month\/","url_meta":{"origin":632237,"position":4},"title":"Electricity Ministry to decide on new electricity prices this month","author":"enterpriseam admin","date":"9 May 2017","format":false,"excerpt":"Electricity subsidy phase-out delayed, new prices to be unveiled this month: The Electricity Ministry will announce the new electricity prices this month, with the increases on track to be implemented in July, Al Borsa reports, citing ministry sources. The Egyptian Electricity Utility and Consumer Protection Regulatory Agency (Egyptera)\u2019s new tariffs\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":646494,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/15\/government-has-no-choice-but-to-hike-fuel-prices-in-july\/","url_meta":{"origin":632237,"position":5},"title":"Government has no choice but to hike fuel prices in July","author":"enterpriseam admin","date":"15 June 2017","format":false,"excerpt":"Higher fuel prices in July look like they might be reality, unnamed Petroleum Ministry officials tell AMAY. With a projected energy subsidy bill next year of around EGP 140 bn \u2014 of which EGP 110 bn are earmarked for petroleum products and EGP 30 bn for electricity \u2014 the government\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/632237","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=632237"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/632237\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/632222"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=632237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=632237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=632237"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=632237"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=632237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}