Egypt announces a 30% six-month discount on pre-2024 coded meter bills
An official source at the electricity ministry says the discount will apply automatically at top-up, cutting the kilowatt-hour price from EGP 2.74 to EGP 1.92. No start date has been announced.
27 October 2026
Egypt's Ministry of Electricity and Renewable Energy has begun the steps needed to apply a 30 percent reduction on electricity bills for coded meters issued before 2024, for a period of six months. The reduction is one of the facilitations Prime Minister Mostafa Madbouly announced at Egypt Forum 2026.
An official source at the ministry said the discount would be applied automatically when subscribers next top up their meters, once the decision takes effect, and that eligible subscribers would not need to do anything themselves. The source said the ministry is reworking how the price per kilowatt-hour is calculated, which would bring it down from EGP 2.74 to EGP 1.92.
No date has been given for when the discount takes effect.
What a coded meter is
A coded meter is installed in properties that are unauthorised or lack licensing, and is assigned a code number instead of being registered in the owner's name. It measures consumption and bills the user for the electricity used, without the installation serving as proof of ownership, possession or any regularisation of the property's status.
A conventional meter, by contrast, is registered in the subscriber's name under official procedures and billed on the tariff brackets set for its category of use.
The decision is a national one covering coded meters issued before 2024, so it reaches subscribers in Red Sea cities on the same terms as elsewhere in Egypt. Madbouly has said the aim is to balance concessions for these consumers against the state's rights, and to encourage bringing buildings onto the official grid through more flexible procedures.