FIFA defends VAR ahead of women's World Cup quarter-finals    Egypt-Germany trade volume hits 4.5 bln euros in 2018: Cabinet    Opioid use booming as tramadol crisis emerges in Africa: UN drug report    Lebanon opposes U.S. plan for Middle East – Prime Minister Hariri    UAE says 'scientific, convincing evidence' needed regarding Gulf tanker attacks    Trump: any Iranian attack on Americans will be met with ‘obliteration'    Ukraine government sets price cap for heating tariffs    Interview: Egypt targets non-financial IMF deal by October – FinMin    U.S.-China trade deal is 90% complete – Mnuchin    Martens sends Netherlands through to maiden quarter-finals    China urges Britain to stop interfering in Hong Kong affairs    European stocks to open lower after Fed cools rate cut hopes    Asian markets fall as Fed's Powell tempers rate cut expectations    Benin fight back to draw with 10-man Ghana in Nations Cup opener    BREAKING: Terrorist Hisham El-Ashmawy being retried in five cases for supporting, carrying out attacks    Egypt PM, Germany's Siemens discuss boosting cooperation    UK's BlueMac signs MOU with Egypt on establishing waste management joint venture    'Everything is stolen from us': Tunisians fight to preserve cultural heritage    Sisi praises Egyptian fans' behaviour during 2019 AFCON opener    Egypt dazzles us with a breath taking AFCON 2019 opening    Egypt makes winning start to Africa Cup of Nations    Egypt calls for speeding up talks on Ethiopia's GERD dam    Mourning a dog can be harder than losing a relative or friend    Egypt says to launch hepatitis C medical examination initiative in Africa    China needs around $440 bln to clean up rural environment – People's Daily    Egypt slams Human Rights Watch director's tweets on Morsi's    Egypt trying to halt Tutankhamun statue sale in London    20 million drug tablets smuggling foiled in Damietta    Art Alert: Little Eagles to screen at KMT    New academic year to start 21 Sept: Egypt's Supreme Council of Universities    In Photos: Egyptian Museum in Tahrir inaugurates new path for the visually impaired    Playing victim    Morsi dies    A painless commute    United against corruption    Africa welcomed home    Food on Facebook    Beef olives with an Oriental twist    Tanker war puts pressure on Iran    Losing is not an option    Promoting football tourism    Al-Sisi in Eastern Europe    Singer Nesma Mahgoub at Cairo Opera House Summer Festival    Mervat Shazly showing at Salama art gallery    The mummies go to the NMEC    Muslim Brotherhood: Playing victim    Egypt FM spokesman condemns OHCHR statement on Morsi's death for 'lack of integrity and objectivity'    Saudi Arabia celebrates Eid al-Fitr with 13 Arab artists    

Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.

Egypt to announce new electricity prices within days
EGP 1.14 per kW/h for LV consumers, EGP 0.75 for UHV consumers
Published in Daily News Egypt on 19 - 05 - 2019

The Egyptian government will announce within a few days the new electricity prices to be implemented starting from next fiscal year (FY) after being approved by the Egyptian Electric Utility and Consumer Protection Regulatory Agency (EgyptERA) and approved by the cabinet.
Sources from the ministry of electricity told Daily News Egypt the tariff for ultra-high-voltage (UHV) consumers will be EGP 0.75 per kW/h, EGP 0.79 per kW/h for high-voltage, EGP 0.95 per kW/h for medium-voltage, and EGP 1.14 per kW/h for (LV) low-voltage.
The tariff for the current FY was EGP 0.99 per kW/h for UHV consumers, EGP 1.6 per kW/h for high-voltage, EGP 1.13 per kW/h for medium-voltage, and EGP 0.71 per kW/h for low-voltage.
LV consumers use medium, high, and ultra-high-voltage networks so its tariff is higher.
According to the sources, the UHV voltage gets fed directly from the grid, while high-voltage passes through two grids: the medium-voltage which includes production costs and tariff on using two grids, while the low voltage costs include production and transmission through all grids.
According to the sources, the tariff reduction of ultra-high, high, and medium voltage in FY 2019/20 is because consumers pay for production and transmission. In FY 2018/19, consumers of these voltages are given higher tariffs to subsidise consumers of low voltage.
The sources added: “We do not want to charge ultra-high, high, and medium voltage consumers additional burdens affecting their competitiveness and the cost of the final product to citizens, a system which is followed by many countries in Europe.”
The new tariff was based on the dollar exchange rate between EGP 17.5-17.78 and a natural gas price of $3 per million thermal units, and in the event of a decline in the dollar rate, prices will be revised.
The sources said that there is a fluctuation in the US dollar price, so it cannot be fixed and if it remains low, the tariff will be changed.
The sources pointed out that the rates of increase in domestic consumption segments vary according to the volume of consumption.
The increase in the value of the electricity bill starts from EGP 6-10 to EGP 160-200 depending on consumption.
Consumers of over 1,000 kW/h will pay more to subsidise low-income citizens.

Clic here to read the story from its source.