Egypt Sets Unified Electricity Rate for Coded Meters, Offers Bill Savings for Legal Conversions
Egypt has implemented a unified electricity price of 2.74 EGP for coded meters used in informal settlements and buildings designated as violating. This move standardizes costs for a significant segment of the population residing in unplanned urban areas.
In a move to incentivize legalization, a new decision allows residents to convert their coded meters to legal ones, a transition that could potentially reduce monthly electricity bills by half. This initiative underscores the government’s effort to bring informal housing into the legal regulatory framework while providing financial relief to consumers.
To facilitate this transition, the Egyptian Electricity Holding Company has introduced integrated digital services that allow users to apply for legal meters through a simplified online process. The company has provided clear guidelines and required documentation for 2026 regarding electricity connection requests for residential buildings.
These pricing adjustments come amid broader discussions regarding the country’s energy revenue structure. On April 5, 2026, Dr. Hafez Selmawy, the former head of the Electricity Regulatory Agency, highlighted a significant disparity in consumption and revenue. According to Selmawy, the highest electricity consumption bracket represents only 1.5% of total consumption, yet it generates 20% of the total revenues. This data suggests that a small minority of high-power users heavily subsidize the overall system.
The shift toward digital applications and unified pricing for coded meters reflects a broader strategy to modernize utility management and stabilize the energy sector’s financial health. Residents seeking to update their status or apply for new connections can access services via the Egyptian Electricity Holding Company portal.