Reduction of electricity tariff brackets for coded meters begins in New Valley

The Governor of the New Valley, Hanan Magdy, announced that the Ministry of Electricity and Renewable Energy and the Egyptian Electricity Holding Company have approved a reduction in the tariff rate for “coded” electricity meters issued prior to January 2024. The rate will be lowered from 275 piasters per kilowatt-hour to 192 piasters per kilowatt-hour—a …