Power rates to jump 4%, 2 months after last increase

09.10.2011                      11.Tischrei. 5772

Wirtschaft:

Power rates to jump 4%, 2 months after last increase

Electricity Authority scheduled to discuss the matter on Monday; final decision likely to be announced after the holidays.

Electricity rates are likely to increase another 4% to 5%, TheMarker has learned. This comes all of two months after rates jumped 10%, and amid protests over the high cost of living.
The Electricity Authority is scheduled to discuss the matter on Monday. However, due to the sensitivity of the issue, the final decision may be announced only after the holidays….