Tag Archive for IEC

| April 3, 2014
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Palestinian Authority negotiating deal to pay Israel its electricity bill

Negotiations with the Palestinians over its ballooning debt to the Israel Electric Corp are making process, even as peace negotiations unravel.

By Avi Bar-Eli

 

 

Even as United States-sponsored peace talks between Israel and the Palestinians unravel, quiet negotiations over 1.4 billion shekels ($402 million) in unpaid electricity bills owed by the Palestinians are making progress.

A camel

The Israel Electric Corporation provides the Palestinians about 7% of its total production via high-voltage electricity lines. – Photo: Reuters

The debt, which has been run up by the Palestinian Authority’s refusal to pay the Israel Electric Corporation for power supplied in the West Bank and East Jerusalem, has almost doubled in the past year.

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Category: Israel News | Tags: , , , , , , ,
| March 2, 2014
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IEC Warns Palestinians: Pay Your Electric Bill or be Switched Off Grid

Sunday, the Israel Electric Company issued the Palestinian Authority a final warning to pay their debt of over one billion shekels, or the grid supplying them electricity will be turned off.

By David Lev

 

The Israel Electric Company on Sunday issued a final warning to the Palestinian Authority (PA) – pay up or get cut off. The IEC gave the PA three days to come up with NIS 1.4 billion (nearly half a billion dollars) the Authority owes it. If it does not get the money, the company will cut power to the PA.

Electricity on the way to the Palestinians – IsraelandStuff/PP

The PA is in this jam because it has habitually failed to pay its electric bill, despite the fact that it received money specifically for this purpose from various international donors. Continue Reading »

Category: Israel News | Tags: , ,
| February 26, 2014
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Again Palestinian Authority owes Israel Electric Co money, this time $389 million

 

Knesset Finance Committee is told that PA’s debt is increasing by $20-$22 million a month, and if unpaid, Israel Electric Co. might have to raise prices for Israeli customers.

By Zeev Klein

 

 

If the Israel Electric Company were a private entity, it would shut off electricity to the Palestinian Authority because of the PA’s outstanding bill of 1.37 billion shekels ($389 million), IEC Chairman Yiftah Ron-Tal told the Knesset Finance Committee on Tuesday.

Electricity on the way to the Palestinians

Electricity for the Palestinian Authority – Photo: IsraelandStuff/PP

“People complain about the perk of free electricity that company employees receive. But the users that get the most free electricity are the Palestinians,” Ron-Tal said.

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Category: Israel News | Tags: , , ,
| December 27, 2013
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Palestinian to pay Israel $315M in owed electric bills

 

Palestinian Authority debt owed for electricity supplied to West Bank & E. Jerusalem reaches NIS 1.1B.

PA begins to cover funds, but Israel’s Ministers of Finance and Energy concerned sum will rise.

Israel Electric Corporation to end year with heavy debt.

By Lior Gutman

The Palestinian Authority has begun to pay back the money it owes the Israel Electric Corporation (IEC), Calcalist has learned. The debt, accumulated by West Bank and east Jerusalem residents stands at NIS 1.1 billion, the Electric Corporation claims.

Electricity on the way to the Palestinians

Electricity for the Palestinian Authority – Photo: IsraelandStuff/PP

According to Calcalist, the Ministries of Finance and Energy have expressed concern that the debt will continue to rise, reaching NIS 1.3 billion by the end of the year, thus posing a heavy financial burden for the Electric Corporation. Continue Reading »

Category: Israel News | Tags: , ,
| December 17, 2013
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Israel Electric fires engineering heads who flocked to Eilat during snow storm

 

Most of Israel once again connected to the electricity grid.

IEC Chairman Ron-Tal stressed those who went to Eilat were not representative of the company where 12,900 workers for several days have not slept & battled for electricity

By SHARON UDASIN

 

 

After some 200 Israel Electric Corporation (IEC) engineers spent the stormy weekend in the comfort of an Eilat conference, IEC Chairman Yiftach Ron-Tal announced his intention to fire the department’s bosses on Tuesday morning.

Electricity on the way to the Palestinians

Electric lines (illustrative) – Photo: IsraelandStuff/PP

“We informed the heads of the engineering committee of our intention to fire them from their positions in the company,” Ron-Tal said.

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| December 13, 2013
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Aerial View of Snowy Jerusalem Under Siege

 

Road closures throughout Jerusalem and on roads entering & exiting the capital as snow blankets the city & surrounding area.

The worst of the cold weather system expected Friday.

By Israel Hayom Staff

 

 

Fifty centimeters (19.7 inches) of snow fell in Jerusalem on Thursday and Friday (as of press time), leading to a state of emergency in the city, to which entrance and exit roads have been closed.

A Jerusalem light rail train pushes through the snow on Thursday – Photo: Lior Mizrahi

“I’ve heard of making guests welcome and feeling at home. This is as far as I’ve seen anyone go, giving a nice New England snow storm,” said U.S. Continue Reading »

Category: Israel News | Tags: , , ,
| July 18, 2013
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Electricity theft by Palestinians the theme of this year’s Ramadan morality campaign

Palestinian theft of electricity increases debt to Israel by $70 million each year. Palestinian Authority fear Israel will pull plug, sinking them into darkness

The Media Line

RAMALLAH – During the pre-dawn hours in the holy month of Ramadan, while many are preparing a pre-dawn breakfast in preparation of the daylong-fast, others are tapping into the electricity grid. It’s an act that costs the cash-strapped Palestinian Authority (PA) millions of dollars annually.

Electricity on the way to the Palestinians

Electricity on the way to the Palestinians – Photo: IsraelandStuff/PP

Again this year, authorities will treat electricity theft like other personal bad habits rather than as a crime, working to prevent it through an advertising campaign that stresses morality during Ramadan, encouraging citizens to end the costly practice voluntarily. Continue Reading »

Category: Israel News | Tags: , , ,
| July 4, 2013
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Israel Electric Corp to offer ‘kosher electricity’ by 2014

 

 

IEC to invest some NIS 500,000 in

bid to solve problem allowing thousands of haredi families in Bnei Brak to connect to power supply without desecrating the Shabbat

By Alfi Shauly

The “kashrut” concept is usually reserved for food, but in some ultra-Orthodox communities it has to do with other vital issues like connection to a power supply.

Electricity on the way to the Palestinians

illustrative – Photo: IsraelandStuff/PP

 The haredi population in the central Israeli city of Bnei Brak has been torn for years over the kashrut of electricity production. Entire communities are forced to pay NIS 120 (about $33) every weekend in order to connect to a generator, as they believe that the Israel Electric Corp‘s power generation desecrates Shabbat. Continue Reading »

Category: Israel News | Tags: , ,
| February 19, 2013
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Is Qatar funding the calm in Gaza?

Security source report how money is “flowing into Gaza,” as Qatar Emir’s cash is paying for new construction and infrastructure.

 

Israeli deterrence has so far successfully kept Hamas from violating the cease-fire reached after an eight-day round of violence in November, but a second factor might also be playing a role in upholding the unprecedented calm along the Gaza-Israel border: economics.

Qatari emir greeted in Gaza by Haniyeh

Qatari emir greeted in Gaza by Haniyeh – Photo: Reuters

Weeks before November’s Operation Pillar of Defense, the emir of Qatar, Sheikh Hamad bin Khalifa al-Thani, paid a landmark visit to the Hamasrun enclave, and nearly doubled his country’s investment to Gaza, raising it to 400 million dollars.

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Category: Mid-East News | Tags: , , , ,
| December 27, 2012
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Israel Electric Company plans to fire 2,000 employees

IEC chairman also reports the benefit of free electricity for employees will be cut as a part of a future reform.

 

The Israel Electric Corporation’s chairman promised on Wednesday to slash the benefit of free electricity for its employees, as well as lay off 2,000 of its permanent workers in a future comprehensive reform of the company.

electricity line old – Photo: Marc Israel Sellem

Stressing the importance of entirely overhauling the IEC – which has a debt of over NIS 70 billion – as soon as possible, chairman Yiftah Ron-Tal discussed the provisions of a prospective reform at a Knesset Economic Affairs committee meeting, headed by MK Carmel Shama-Hacohen.

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Category: Israel News | Tags: ,
| November 13, 2012
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Exclusive Arutz-7 Photos: This is How IEC Workers Power Up Gaza Terrorists & Stays Safe

Photographs show Israel Electric Company electrician protected behind a huge metal wall hoisted by a crane as he repairs Gaza power cable.

By Gil Ronen

 

The photographs below were taken by an anonymous Arutz Sheva reader who witnessed a strange scene on the Gaza perimeter recently. They show an Israel Electric Company (IEC) employee hoisted on a crane in order to fix a malfunction that denied electricity to Gaza City.

The operation, which of course is carried out by Israel for the benefit of Gazans, has to be carried out with military protection, because Gaza terrorists regularly target Israelis on the perimeter fence, including those they know are trying to assist them by fixing infrastructure or letting in goods. Continue Reading »

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