- Egypt rules out electricity price hikes until January 2026, giving consumers tariff stability.
- The plan to maintain current tariffs aims to push renewable energy expansion and efficiency targets.
Egypt’s Minister of Electricity and Renewable Energy, Mahmoud Esmat, confirmed that the government will not raise tariffs until January 2026. He announced at the 21st General Conference of the Association of Power Utilities of Africa (APUA). The decision gives households and businesses two years of price stability. After that, the government will review tariffs based on actual costs and introduce a fair and sustainable pricing system.
Currently, electricity subsidies cost around EGP 170 billion. Esmat stressed that the government remains committed to supporting households and industries during this challenging economic period. He explained that the electricity sector receives about 110 million cubic metres of natural gas daily at a subsidised price of $4 per million British thermal units. In contrast, the Ministry of Petroleum and Mineral Resources pays over $7. This price gap highlights the scale of financial support.
The minister also outlined Egypt’s long-term energy transition strategy. By 2030, renewables should comprise 42 per cent of the energy mix. The government plans to push the share beyond 65 per cent by 2040. At the same time, it intends to increase efficiency and cut national consumption by up to 18 per cent. These measures show a precise determination to reduce dependence on fossil fuels and strengthen environmental sustainability.
Esmat emphasised the importance of modernising the national electricity grid. He said Egypt continues to seek financing and grants to support investment in advanced energy technologies. He added that the government is strengthening partnerships with the private sector to integrate more renewable energy into the grid. According to him, this approach will improve supply security, build resilience, and speed up the transition to clean energy.
Egypt protects consumers while pursuing ambitious reforms by ruling out electricity price hikes until 2026. The combination of tariff stability, renewable growth, and efficiency goals reflects a strong commitment to a sustainable energy future.