Water prices to drop 10% in January

Infrastructure Minister Silvan Shalom vows to work for further reductions, but prices will still be double what they were in 2009.

By
December 11, 2014 17:45
1 minute read.
Tap water

Tap water [illustrative]. (photo credit: INIMAGE)

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user uxperience almost completely free of ads
  • Access to our Premium Section and our monthly magazine to learn Hebrew, Ivrit
  • Content from the award-winning Jerusalem Repor
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

Israel’s Water Authority Council on Thursday approved a plan to lower water prices 10% as of January 1.

The drop follows a 5% decrease in water prices this past January, and another .5% drop in July.

Be the first to know - Join our Facebook page.


“Water rates will fall 10% at the beginning of January, and thus we will complete a reduction of over 15% in the rate consumers pay within a year, a decrease that will be felt in every house in Israel,” Infrastructure Minister Silvan Shalom said.

He said he intends to work for further reductions in 2015 as well, raising the election-time issue of cost-of-living reductions.

According to the ministry, the price reductions resulted from streamlining in water companies, updating the prices within various sectors, and settling accounts with Mekorot.

Yet even after the drop, water prices will still be roughly double what they were just five years ago.

Earlier in the week, Shalom announced a change in the process of buying renewable energy that could also lower the price of electricity, but could put some solar providers expecting higher rates out of business. He promised that electricity prices would fall 15% in 2015.



Yesh Atid leader Yair Lapid touted both price reductions when he unveiled his 2015 budget.

Despite Lapid’s removal from the Finance Ministry and the scrapping of the budget plan, the price drops remain unaffected.

Related Content

Miki Zohar
July 17, 2018
Reality TV song contest gets heated when MK's son competes

By AMY SPIRO