00:00We'll talk about the latest news: an official decision clarifying the truth about prices.
00:04The Ministry of Electricity announces that it is beginning to increase the price per kilowatt-hour using the prepaid meter.
00:10A statement issued by the Egyptian Electricity Holding Company settles the ongoing debate regarding electricity price increases.
00:16The officially approved kilowatt-hour price will be applied starting from April.
00:21And this without any accountability, a retroactive captivity
00:23Now we will talk about the 2026 code counter.
00:26Many people are using it in the last few hours
00:28This is due to the spread of inaccurate information that there will be increases imposed on previous bills.
00:33This is clearly denied by official authorities.
00:36The old invoices were not amended, and no retroactive increases were applied.
00:41The accounting started with the new price based solely on the method of execution.
00:44The price per kilowatt in the prepaid meter reaches 2 Egyptian pounds and 4.70 Egyptian pounds.
00:48Instead of 2 pounds and 14 piasters
00:50According to the decision of the Ministry of Electricity and the renewed agreements
00:53Also, a uniform price will be applied to all subscribers.
00:55The company explains why a uniform price is applied to the number of codes.
00:59This is because the coded meter is used for illegal connections and unlicensed buildings.
01:03And cases where electricity is obtained illegally
01:06Calculating effective consumption starting from estimates achieves greater accuracy in accounting.
01:10The relationship between the reconciliation law and the prepaid electricity meter, specifically regarding determining the price of the prepaid meter, is governed by Reconciliation Law No. 187 of 2023.
01:18Calculation of illegal properties at cost price without subsidies
01:22Legalizing the status of buildings; implementing demolition orders.
01:25The code number does not include any retroactive application.
01:27No financial differences will be collected for previous periods.
01:31A clarification that ends the recent controversy among citizens
01:34Translated by Nancy Qanqar
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