Electric Company Glitch: Did Not Collect 65 Million Shekels – This Is the Reason
The Electricity Authority reveals an ongoing collection failure at the Electric Company totaling approximately 65 million shekels. A framework is now presented dividing responsibility. The decision now moves to the public hearing stage before a…
Assessment
A 65 million shekel collection failure by the Israel Electric Corporation has been exposed by the Electricity Authority. A proposed framework splits responsibility, shifting the question of who ultimately bears the cost to a public hearing. The outcome will determine whether the utility or its customers absorb the loss, with implications for regulatory accountability and electricity pricing.