The competition will cause electricity prices to drop, “saving every family hundreds and even thousands of shekels a year.”
Four years ago, the PA owed 2 billion NIS in electric bill fees.
Chevron's entrance is definitely a game changer, just not the one Netanyahu expected.
The debt reached approximately half a billion dollars before the PA began paying some of it off
By JNi.Media
The Palestinian Authority's accumulated unpaid bills have risen to over 2.2 billion shekels.
By JNi.Media
IEC said it had sustained heavy damages as a result of Egypt’s blocking of gas supplies, forcing it to purchase more expensive fuel to generate electricity.
By JNi.Media
IEC management appealed to the Haifa District Labor Court with a complaint that their workers’ committee was sabotaging the functioning of the company in a time of crisis.
Wind power is also facing difficulties taking off in Israel, this time because of regulators and other interest groups, and not environmentalists.
In a unique operation, IEC transfered 10 generators to hospitals in Gaza.
By Rachel Levy
With cease fire talks barely in place, the Israel Electric Company already began repairing the power grid for Gaza residents.
