Price of electricity for domestic use to drop by five percent
By JPOST.COM STAFF
The price of electricity for domestic usage will drop by 5.25 percent at midnight Sunday to NIS 47.2 per kilowatt/hour.
The price of electricity for commercial use will drop even further, by 5.8%.
The drop follows a decrease in the price of oil and gasoline.
However, because of emergency plans by the Electricity Company to erect new power plants in 2009, the price will rise again by approximately 5% in January.
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