High electricity bill?
Electra Power announces that it will provide electricity at a discounted price (Photo: ShutterStock)
In relation to a reform that touches the pockets of all of us, it's a bit strange that many of us still don't know that we don't have to get our home electricity supply from the electricity company.
As part of the national electricity reform, which, among other things, opened up the electricity supply segment to competition, it was determined that private consumers would be able to choose a licensed private electricity supplier and switch between the various suppliers, thereby reducing electricity costs, similar to the reform that was implemented in the past in the cellular market.
Perhaps this is the reason why today the Supergas company (which is updating its name change to "Electra Power") announced a revolution in electricity for the private consumer, and it began to sell and supply electricity to private customers on a large scale for the first time at a discounted price.
In this context, a customer service hotline was established for private consumers who wish to switch from the electricity company and consume electricity at a cheaper rate.
In recent months, the company began supplying electricity to dozens of private consumers as part of a successful pilot that it conducted.
As part of its change from a company that supplies gas to a company that provides energy solutions to its customers, "Electra Power", from the Elco Group, will offer customers, among other things, an integrated and customized energy service basket of electricity and gas, according to the customer's choice, according to the characteristics of home consumption, which will allow the company, a significant reduction in the total energy cost for consumers.
In addition, changing the name and operating the company under the "Electra" brand, which is a leading consumer and retail brand in Israel that enjoys a long-standing reputation, reliability and a high standard of service, will allow customers to benefit from belonging to the group, which has a touch in many areas of consumer activity.
No longer a monopoly: electricity company customers will be able to choose to switch to another provider and reduce costs (Photo: ShutterStock)
Energy is expensive - not just for the pocket
Chen Melamed, CEO of Electra Power (formerly Supergas)
: "We are proud to lead the consumer electricity revolution and inaugurate a dedicated customer center, which will allow those who wish to consume electricity from us and enjoy a fair price alongside high-level customer service, to do so now.
" For customers whose energy is expensive, and not just for their pockets, to join the revolution we are leading at a time when electricity rates are rising again today.
The connection to the Electra Group will yield added value for customers, and will establish the position of Electra Power as a leading company in the energy market.
We are sure that the electric company will make the transition easier for consumers and that it is also prepared and involved in the issue."
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The opening of the competition in the field of electricity supply will allow a reduction in consumption costs (Photo: screenshot, Facebook "The Electricity Company")
Joining routes: Kach, Hi-Tech and Double
POWER route (discount throughout the day)
: first year - 5%, second year - 6%, third year - 7%.
High-tech route (discount between 11:00 p.m. and 5:00 p.m. the next day)
: first year - 8%, second year - 9%, third year - 10%.
Double route (combined route for customers who consume gas and electricity from the company)
: In addition to one of the proposed electricity routes, a discount of NIS 120 per year will be granted on the gas bill.
The discounts are given out of the uniform domestic rate, before VAT (currently 53.42 EGP/kWh), and will only come into effect after the customer's contract is transferred.
Electra Power Company (formerly Supergas), was established in 1953 and its control was acquired in 2019 by Elco Group.
The company has about 400,000 private customers and about 5,000 business and institutional customers.
The company is engaged in the field of marketing and distribution of domestic gas (LPG), marketing and distribution of flowable and compressed natural gas for industry and transportation, initiation, construction, and operation of small power plants based on natural gas (cogeneration).