Government says tariff for electricity generated from photovoltaic panels charged by operator EDF Renewables will just be 8 agorot per kilowatt-hour

Sale of power plant is part of electricity sector reform to boost competition; Energy Minister Katz says part of sale proceeds will be used to lower electricity prices

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

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

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

National regulator says country relatively cushioned from global energy crisis by local natural gas, but war in Ukraine hampering coal supplies

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