Egypt

Increase in water prices expected soon

The deputy head of the Holding Company for Water and Wastewater, Salah Bayoumi, said that the "Potable Water, Sanitary Drainage and Consumer Protection Regulatory Authority" has drafted a new price increase for consumers who use amounts of water above 21 cubic meters per month.

Bayoumi added, in statements to Al-Maal newspaper, that the suggested increase has been sent to the Cabinet for approval.

He added that the Authority did not approve new tariffs on the first three consumer segments of low-income groups.

Bayoumi pointed out that the draft includes the possibility of reducing the tariff imposed on the first consumer segment, meaning those consumers who do not exceed the consumption of 10 cubic meters/month, taking into account the poor.

But he didn't specify the new rates of increase, saying they are to be issued by the Potable Water, Sanitary Drainage and Consumer Protection Regulatory Authority.

"The draft suggested to the cabinet comes as part of the plan to raise water tariff prices over five years, which started at the beginning of this year," Bayoumi explained.

In January, the Holding Company for Water and Wastewater approved new increases in water tariffs by 25%, raising the price of one cubic meter for the first segment, which consumes 10 cubic meters/month, to 30 piasters instead of 23 piasters.

For the second segment, 11 to 20 meters/month, the price of one cubic meter was raised to 70 piasters, instead of 50 piasters.

The third segment is at the price category of 105 piasters per cubic meter, followed by the fourth segment at the price of 155 piasters per cubic meter.

 

 

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