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electricity prices

Illustrative: New Israeli shekel bills, September 24, 2023. (Hadar Youavian/ Flash90)
January 1, 2026, 7:14 pm
Wave of price rises and tax hikes takes effect, fueling costs for Israelis in 2026
As of Jan. 1, the cost of electricity, water and cooking gas increases, while municipal property tax rates and other taxes rise, shrinking disposable income for Israelis
By Sharon Wrobel
The Leviathan natural gas platform off the shore of Israel. (Albatross)
December 26, 2025, 5:14 am
As major Egypt gas deal burns through reserves, public will end up paying the price
‘Historic’ $35 billion sale means era of energy independence and cheaper electricity will end about a decade earlier than hoped, experts say, with more large offshore finds unlikely
By Sharon Wrobel
Illustrative: Solar water boilers on top of Jerusalem apartment buildings, August 5, 2010. (Abir Sultan/Flash 90)
December 10, 2025, 5:03 pm
New plan looks to replace Israel’s solar water heaters with PV cells and heat pumps
Ubiquitous rooftop heaters may be on their way out as government pushes new technologies that offer cheaper, more efficient ways to heat water
By Zev Stub
Illustrative: Power lines above the town of Bnei Re'em on April 26 2010. (Nati Shohat/Flash90)
July 25, 2024, 7:56 pm
Electricity bills expected to drop as major privatization reform enters into effect
Even without a smart meter, domestic consumers now free to choose between Israel Electric Corporation, seven other private suppliers; Energy Minister expects bills to drop 5 to 20%
By Sue Surkes
The Eshkol power plant, Israel's largest natural gas powered plant, near the port of Ashdod. (Courtesy)
May 23, 2024, 7:58 pm
Leviathan partners ink $650 million natural gas deal to supply Eshkol power plant
The new contract is for the supply of natural gas to operate the Ashdod-based power plant owned by private Israeli electricity producer Dalia Power Energies
By Sharon Wrobel
Ashalim solar power station in the Negev desert. August 21, 2020. (Yonatan Sindel/Flash90)
July 19, 2023, 6:18 pm
4th solar energy field at Negev’s Ashalim starts operating, setting new low price
Government says tariff for electricity generated from photovoltaic panels charged by operator EDF Renewables will just be 8 agorot per kilowatt-hour
By Sharon Wrobel
The Eshkol power plant, Israel's largest natural gas powered plant, near the port of Ashdod. (Courtesy)
June 18, 2023, 1:49 pm
Israel Electric sells Eshkol power plant to private group for over NIS 12 billion
Sale of power plant is part of electricity sector reform to boost competition; Energy Minister Katz says part of proceeds will be used to lower electricity prices
By Sharon Wrobel
A worker from the Israel Electric Corporation carrying out a repair, August 29, 2020. (Yossi Aloni/FLASH90)
January 1, 2023, 11:28 am
New year brings rash of price hikes in electricity, gasoline, water and property tax
Newly installed government reportedly looking at ways to soften blow; increases could lead to rising consumer prices as businesses seek to cover their own higher bills
By ToI Staff
Milk for sale at a Rami Levy supermarket in Jerusalem on July 17, 2022. (Yonatan Sindel/Flash90)
August 1, 2022, 1:30 pm
Dairy and electricity prices go up as gas, public transportation costs drop
August brings a slew of cost of living changes, with power bills up by 8.6%, and a 4.9% jump in the price of milk; tighter controls on cash payments come into force
By Stuart Winer and ToI Staff
A worker from the Israel Electric Corporation is seen repairing a faulty line, August 29, 2020. (Yossi Aloni/FLASH90)
July 28, 2022, 1:33 am
Electricity prices to rise by 8.6% next month, says electric company
More moderate price hike reached after talks with Environmental Protection Ministry which controls permits for burning fossil fuels; IEC to seek ways to reduce coal use
By ToI Staff
The Reading Power Station and the Yarkon River in Tel Aviv on January 27, 2020. (Gershon Elinson/Flash90/File)
July 11, 2022, 9:35 pm
Electric shock: Power authority says prices to rise 10% starting August
National regulator says Israel relatively cushioned from global energy crisis by local natural gas, but war in Ukraine hampering coal supplies
By Michael Horovitz
Prime Minister Naftali Bennett (C), Finance Minister Avigdor Liberman (R), and Economy and Industry Minister Orna Barbivai share the government's plan to address cost of living in a Jerusalem press conference, February 9, 2022. (Government Press Office)
February 9, 2022, 10:45 pm
Bennett, Liberman promise vexed public to tackle living costs, help families
Plan to add tax benefits, lower tariffs on various products and increase competition expected to cost state coffers some NIS 4.4 billion in 2022
By Carrie Keller-Lynn
A silhouette of a Palestinian boy in the Khan Yunis refugee camp in the southern Gaza Strip on April 19, 2017. The Gaza Strip's only functioning power plant was out of action. (AFP/Mahmud Hams)
April 22, 2017, 10:55 am
Cynically led, and out of electricity, Gaza is close to breaking point again
Hamas is funneling all available resources into its military infrastructure to fight Israel, complaining that Abbas won’t pay for its fuel, and milking everything it can from Gazans. It won’t end well
By Avi Issacharoff
File: power station in Haifa bay (Photo credit: Shay Levy/Flash 90)
February 1, 2016, 1:17 am
$1.3 billion of natural gas pledged for two new Israeli power plants
Leviathan signs first deal for gas supply with Israeli, Turkish companies; Edeltech set to control 10% of all power in Israeli economy
By Sue Surkes
The Eshkol power station in Ashdod (Photo credit: Tsafrir Abayov/Flash90)
January 22, 2015, 11:37 am
Electricity price to drop by 10% in February
Reduction expected to result in savings of about NIS 500 ($127) per year for the average household
By ToI Staff
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