Egypt has increased electricity prices for higher-use residential consumers and commercial users, effective April, citing a severe global energy crisis linked to the Gulf region conflict.
The move aims to curb energy consumption and alleviate fiscal pressure.
Lower-consumption households (up to 2,000 kilowatt-hours/month) are exempt from the hike, while higher residential brackets face a 16% average increase, and commercial users see a 20% rise.
The government has implemented measures to rationalize energy use, including earlier commercial closures, amid rising global oil prices and heavy debt burdens.
Egypt’s energy import bill has more than doubled since the conflict began, prompting fuel price hikes, public transport fare increases, and slowed state projects.
