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      Free Daily Israel Report
      Archive: 8/8/2011

      News Brief

        8/8/2011, Av 8, 5771

      Electricity Rates Set to Rise by 9.89%

      The Electric Authority officially authorized an increase of 8.96% in the price of electricity for residential households. Rates will rise even higher for businesses. Overall, power costs will be increasing by 9.89%.

      The increase will come into effect this coming Sunday, the Electricity Authority said.