Electricity Tariff Update slide image

Electricity Tariff Update

Additional events חברת החשמל Israel Electric "Kosher Electricity" program ■ On May 7, 2023, the Israeli government approved the first phase of the national plan for energy storage in urban areas. As part of the program, the EA will create the appropriate regulation that will allow the consumption of electricity at a normal rate, in areas where the population requests it. According to the decision, IEC will build a storage facility for the purpose of supply pilot of "kosher electricity" through one facility and will operate to sell the facility and hand over possession of it no later than three years from the day the facility's operation. Collapse of the crane at Rothenberg site ■ The collapse of the crane in the coal pier On May 13, 2023, damaged the ability to unload coal at the pier. ■ IEC operates to build a temporary bridge for the purpose of unloading coal at the Rothenberg pier until the end of year 2023, a date which was delayed because of the "Iron Swords" war. Until then, the coal is transported to the Ashdod port from the Orot Rabin site. Source: IEC's Financial Statements for 2022FY and for 9M.2023 Investor Relations 18
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