The Egyptian government will hike electricity prices this week by 40 percent or more for household, commercial, and industrial consumers, the independent Mada Masr news site has reported, as the country tries to reduce subsidies. A source at the electricity ministry told Mada Masr on Thursday that the increases will be made public soon on the Egyptian Electric Utility and Consumer Protection Regulatory Agency’s official website. The planned electricity price increases have been delayed several times in recent years over concerns about public anger in Egypt, as the country goes through a cost-o…