Electricity distribution companies in Egypt will start applying the new prices for electricity to homes on Thursday, according to the plan announced last year to gradually eliminate energy subsidies until 2025. The new increase is on an average of 13 percent in various segments. Prices for commercial and industrial facilities will witness no increase. The general average of selling prices for different voltages is 106.9 piasters per kilowatt, the average price of a kilowatt for low voltage is 99.8 piasters, and for medium voltage is 123.9 piasters. A source in the ministry said that these companies will apply the increase automatically, and will not need to issue new decisions. Prepaid meter
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