Egypt-Electricity Price Increase
Egypt-Electricity Price Increase
Dateline : April 4, 2026/Recent/File
Location : Egypt
Duration : 1'10
FILE: Cairo, Egypt - July 24, 2022 (CCTV - No access Chinese mainland)
1. Egyptian national flag in front of building
FILE: Cairo, Egypt - April 6, 2019 (CGTN - No access Chinese mainland)
2. Egyptian national flag
Sharm el-Sheikh, Egypt - Oct 7, 2025 (CGTN - No access Chinese mainland) 3. Various of traffic
Cairo, Egypt - March 28, 2026 (CGTN - No access Chinese mainland)
4. Various of street scene, dimly lit lights, pedestrians, traffic
5. Unlit street lamp
6. Various of restaurants, cooks working
7. Various of consumers dinning
8. Various of shop owners closing doors
9. Various of street scene, dimly lit lights, pedestrians, traffic
Egypt's Ministry of Electricity and Renewable Energy announced late Saturday price hikes for commercial and residential electricity consumption effective this April, citing the global energy crisis triggered by the U.S.-Israeli conflict with Iran.
In a statement, the ministry said that the current "acute and unprecedented global crisis" across all energy resources, caused by the ongoing war in the Gulf region, has necessitated price increases for certain commercial and residential consumption tiers starting this month.
According to the statement, commercial consumption prices across various brackets will rise by an average of approximately 20 percent.
For residential consumption, prices for tiers consuming 2,000 kWh per month and above have been raised by an average of 16 percent, while rates for all tiers below the 2,000 kWh threshold will remain unchanged.
The ministry added that around 40 percent of subscribers fall within the lowest residential consumption categories, and most of them are exempt from the price increases.
Austerity measures announced by the government in late March included activating remote work systems, slowing the implementation of fuel-intensive mega-projects, and cutting fuel allocations for all government vehicles by 30 percent.
Additional measures included cutting business hours for shops, restaurants, cafes and malls as well as reducing street lighting and billboard illumination by one-third.
ID : 8473519
Published : 2026-04-06 12:20
Last Modified : 2026-04-06 20:37:57
Source : China Central Television (CCTV),China Global Television Network (CGTN)
Restrictions : No access Chinese mainland
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