By Febronia Hanna
If you’ve been worried that the government might cut off your house’s electricity, rest assured it won’t. Egyptian Minister of Electricity and Renewable Energy, Mohamed Shaker, declared that citizens can now pay their depts on monthly instalments.
Companies will not impose interests on bills that are paid in instalments. They started collecting last month’s bills with the new prices on Monday. The new hike in prices was the main reason for people not being able to pay the bills on time.
The minister also affirmed that this hike in prices was only to save the country from a LE 109 billion loss. The new pricing is divided into seven brackets for housing:
First bracket: From 0 to 50 kilowatts = (22 piasters up from 13).
Second bracket: From 51 kilowatts to 100 = (30 piasters up from 22).
Third bracket: From 0 to 200 kilowatts = (36 piasters up from 27).
Fourth bracket: From 201 to 350 kilowatts = (70 piasters up from 55).
Fifth bracket: From 351 kilowatts to 650 = (90 piasters up from 75).
Sixth bracket: From 651 to 1000 kilowatts = (135 piasters up from 125).
Seventh bracket: From 0 to more than 1000 kilowatts = (145 piasters up from 135).