{"id":640083,"date":"2024-08-20T00:00:00","date_gmt":"2024-08-20T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/20\/households-are-already-being-charged-higher-electricity-prices-reports\/"},"modified":"2024-08-20T00:00:00","modified_gmt":"2024-08-20T00:00:00","slug":"households-are-already-being-charged-higher-electricity-prices-reports","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/20\/households-are-already-being-charged-higher-electricity-prices-reports\/","title":{"rendered":"Households are already being charged higher electricity prices -reports"},"content":{"rendered":"

It might be time to turn down the AC: <\/strong>The Electricity Ministry has reportedly begun implementing hikes that will see household electricity prices rising by 14-40%, ministry sources told media outlets (here<\/a>, here<\/a>, and here<\/a>). The hikes have reportedly come into effect for those in the highest consumption bracket using prepaid meters \u2014 with brackets below this to follow soon \u2014 while those billed monthly will see these increases reflected in their bills starting September. This marks the second round of electricity price increases this year, following earlier hikes in January<\/a>.<\/p>\n

We knew this was coming:<\/strong> A ministry source earlier this week told us<\/a> that the ministry was on track to raise prices by an average of 30% in September following cabinet approval, with higher consumption households set for larger increases and lower consumption households in line for smaller price hikes. <\/p>\n

But we\u2019re still yet to hear anything official on the matter: <\/strong>Although unconfirmed reports allege that some of the new tariffs are already being out in place for customers on prepaid meters, there\u2019s so far been radio silence from official channels.<\/p>\n

The breakdown: <\/strong>Here\u2019s the new leaked electricity tariffs for households:<\/p>\n