Egypt’s cabinet has decided to increase electricity prices for high-level consumers, with this measure to be implemented in July 2014. This increase could be as high as 30% for high level electricity consumers in the country.
Several studies found that the average consumer price of electricity in Egypt is US3.2c/kWh versus a real cost of US5.6c/kWh.
Egypt is suffering from electricity shortages and at the beginning of June 2014, Egypt experienced a deficit in production of between 1,880 and 2,380 MW.
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