- 4:10 AM
- 2:39 AM
3 shooting victims breach Israeli border from Egypt, rushed to Be'er Sheva hospital (Haaretz)
- 10:41 PM
Education Minister Bennett cancels planned appearance at LGBT rally in Tel Aviv (Haaretz)
U.S.-led coalition conducts 11 airstrikes in Syria, 19 in Iraq against ISIS targets (Reuters)
- 9:45 PM
- 8:57 PM
Thousands attend an anti-violence and incitement rally at Tel Aviv's Rabin Square (Haaretz)
- 8:09 PM
- 7:10 PM
- 6:27 PM
Opposition leader Isaac Herzog to speak at anti-violence rally in Tel Aviv on Sat. night (Haaretz)
- 5:10 PM
Electric rates may rise 16% this year
Increase in electricity prices schedule for 2013 will probably reach 15% to 16% and be divided into two stages.
The increase in electricity prices scheduled for 2013 will probably reach 15% to 16% and be divided into two stages.
Calculations of the Israel Electric Corporation's expected spending for this year keep on growing, which will lead to the higher electricity rates. Previous estimates were for an increase between 10% and 12%.
In addition, the first round of the rate hike will probably be moved up from April 1 to sometime after the January 22 election, probably March 1. The Public Utility Commission - Electricity is expected to publish its decision and hold a public hearing just after the election. It is still possible that part of the rise will be put off until April 2014 and this year's hikes will remain at no more than 10%.
One of the major unknowns about the IEC's fuel costs this year is whether the natural gas from the Tamar offshore field will arrive as scheduled starting in April. This would relieve some of the pressure on the company's cash flow.