Category: Electricity

In Israel the electricity tariffs are set by the PUA-Electricity. The tariffs are updated either every six months or if there is a 3.5% change in IEC’s basket of expenses. The tariffs are composed of the approved cost of fuels, operational and maintenance services including consumer cost, capital services (depreciation, interest on debt in NIS linked to the CPI, interest on debt in foreign currencies linked to the Bank of Israel basket currencies, working capital financing, fair rate of return on equity, foreign currency risk exposure), compensation for the delays in updating the tariff, purchases from the IPP’s (Generation only), sectorial efficiency factor, pension surcharge, exogenous cost due to the past.

Complete interruption of power in a given service area

Any entity that generates, transmits, or sells electricity, where the tariff is not determined and recovered by a regulatory authority.  Examples of these entities include, but are not limited to, independent power producers, power marketers and aggregators (both wholesale and retail), self-generation entities, and cogeneration firms

A private power station can produce electricity for the self use of its owners and the surplus (electricity not required by the owners) can be sold to the grid under regulated terms and conditions

The EDF Group is an integrated energetic utility, and manages all aspects of the electricity business. The Group has a strong footing in Europe