The Electricity Authority

In 1996, the Israeli Electricity Market Regulatory Authority was was established. Its purpose is, among others, to balance between maintenance of a fair rate framework to be imposed upon electricity consumers, and support of private entrepreneurs in the field and the promotion of electricity production in a competitive and equitable manner. To this end, the Authority has been granted the power to set the electricity rates for all segments of the market, to conduct cost control measures, to set rate arrangements and to issue operation licenses to entrepreneurs in the field. In addition to these tasks, the Authority is also charged with determining standards for the quality of service to which electricity consumers are entitled and it monitors the quality of service provided to various electricity consumers. The Electricity Authority is committed to the consumers – to fair rates and to guarantee an advanced, efficient and green electricity market providing freedom of choice to all electricity sector consumers.