BREAKING NEWS

Electricity Authority approves discount rates

By GLOBES

APRIL 4, 2012 11:18

The Public Utilities Authority (Electricity) has approved the Conserve and Save Plan, which offers discounts of up to 20 percent on electricity rates for households that reduce their electricity consumption during the summer. These consumers currently pay a uniform rate.

A household that reduces electricity consumption by 15-20% in July-September, compared with the corresponding months of 2011, will be eligible for a 10% discount. Households that reduce electricity consumption by 20-30% will be eligible for a 20% discount.

The Public Utilities Authority said that the plan will run from June through the end of September.

Consumers must register for the plan on the Israel Electric Corporation (IEC) (TASE: ELEC.B22) website.

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