Egyptian Law firm Riad & Riad has announced plans by the National Electricity Regulator to apply a merger fee to net-metered solar systems in the country. Rooftop solar system will soon pay charges for every kWh generated.
A fee of EGP0.10-0.40/kWh(€0.0054-0.0218) will be levied by the Egyptian Electricity Utility and Consumer Protection Regulatory Agency (EgyptERA), on solar arrays according to a report published in the Daily News Egypt newspaper last week. Opposition to the move from solar installers in Egypt was cited.
A 2% import duty on the components of solar and wind projects was imposed by the nation according to a quote in an article in the Daily News Egypt.
The Egyptian Electricity Transmission Company was loaned €183 million by the European Bank for Reconstruction and Development, to strengthen the national grid.
Culled from MAX HALL.
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