Israel Electricity Reform Sees Over 2 Million Customers Switch to Private Suppliers
Summarized from The Jerusalem Post by baba
Over two million Israeli customers have switched from the Israel Electric Corporation to private suppliers since the start of 2025 as part of a government reform to lower living costs. Customers are saving between 7% and 20% on their electricity bills due to increased competition and lower generation costs. In September, over 23,000 switching requests were submitted. Energy Minister Eli Cohen called it the most significant economic reform since cellular services were introduced, aiming to break the IEC's monopoly.
The story in 6 lines · by baba
- Over 2 million Israeli customers switched electricity suppliers since early 2025.
- Customers switching to private suppliers save 7% to 20% on electricity bills.
- The reform aims to break the monopoly of the Israel Electric Corporation.
- In September, 23,286 households and businesses requested to switch suppliers.
- Energy Minister Eli Cohen called it the biggest reform since cellular.
- Switching time has been reduced to seven days.
The Jerusalem Post publishes in English. The key points are summarized above. Read The Jerusalem Post’s full report from the link at the top of the page.
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