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      Free Daily Israel Report
      Archive: 8/7/2011
      22:10
      Reported

      News Brief

        8/7/2011, Av 7, 5771

      Treasury: Electricity Will Still be Lower than in 2009


      The Electricity Authority is scheduled to vote, Monday, on an increase in rates between nine and ten percent.

      The Finance Ministry said, Sunday evening, that the resulting tariff will be lower than the rates charged in 2009. In February 2010, rates were lowered 12 percent and are lower than those charged in many of the 34 member countries of the Organization for Economic Cooperation and Development.