Photo Credit: Yossi Aloni / Flash 90
For the second time this year, a rate hike for electricity is being mulled by Israel’s Electricity Authority, according to a report by Israel’s Channel 13 News.
Officials are discussing a rate hike of six percent, saying the price of coal has risen due to the war in Ukraine, the strengthening of the US dollar and a costly malfunction at one of the Israel Electric Company’s facilities that will take many months to repair.
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The estimated increase of 52 agorot per kilowatt hour is expected to begin this summer.
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