The Electricity Authority announced this evening (Wednesday) that the tariff for domestic consumers is expected to increase by 8.2% already in January.
The Authority explained the reasons for the expected price increase and wrote that in light of the global energy crisis which significantly affected the prices of fuel to generate electricity and the high cost of coal which caused an increase in electricity rates in 2022 - high costs are expected in 2023 as well. Coal prices are significantly higher than the tariff recognition that existed until now .
They also added that along with the increase in coal prices, there are other factors that led to the increase in the electricity rate.
Among them, a delay in the construction of the gas-fired power plants that will allow the closing of the polluting coal-fired plants in Orot Rabin;
delay in the project to convert the rest of the coal units from coal generation to gas generation;
Failure to grant permission for additional production hours due to the emission permit issued by the Ministry of Environmental Protection for units at the Eshkol site of the Electric Company; a sharp increase in the dollar exchange rate; a continuous increase in the consumer price index; and interest rate increases in Israel and around the world.
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