BREAKING NEWS

Knesset approves 'excessive use levy' on water

The Knesset Finance Committee on Wednesday afternoon approved the 'Drought Levy,' also known as the 'excessive use levy.' The law will impose an NIS 20 surcharge on every cubic meter of water used over a certain level, and will come into effect on July 15. Under the new law, every household of between one to four people will get 30 cu.m. of water per two months at the Tariff A or B prices, which will remain unchanged. For every additional person, an extra six cu.m. per two months will be allocated at the Tariff A rate.