Israeli Electricity Bills Will Not Drop – Audit Reveals Reform Failure
The transfer of electricity production to private hands and attempts to break the state monopoly have not delivered the promised low tariffs to Israelis. The large-scale reform, touted as a salvation for citizens' wallets, so…
Assessment
An audit by the Adva center reveals that Israel's electricity market reform, intended to lower consumer rates by breaking the state monopoly, has instead generated 4.6 billion shekels in excess profits for private companies from 2022 to 2024. The financial benefits of modernization have been captured by businesses rather than passed on to households through reduced bills. The failure undermines the reform's core promise and may fuel demands for regulatory action or rate adjustments.