FX.co ★ Egypt Lifts Electricity Tariffs Amid Gulf Energy Shock

Egypt has increased electricity tariffs for higher-usage households and commercial customers as of April, in response to a deepening global energy crisis linked to the conflict in the Middle East. The measure forms part of a broader strategy to curb consumption and relieve growing fiscal pressures stemming from higher fuel import costs.

The Ministry of Electricity emphasized that lower-income households will be shielded from the impact, with no change in tariffs for residential consumption of up to 2,000 kWh per month. By contrast, rates for higher-consumption households will rise by an average of 16%, while electricity prices for commercial users across all consumption brackets will increase by roughly 20%.

Officials underscored that this targeted pricing policy is intended to balance cost pressures with the need to preserve a stable and reliable power supply for residential, commercial, and industrial consumers.