Investor Presentaiton slide image

Investor Presentaiton

The Electricity Tariff Updates Date of update Update rate 01/01/2023 8.2% חברת החשמל Israel Electric 1 Decision factors Ongoing and increase in the global coal prices Prohibition of the Ministry of Environmental Protection to operate old NG units at Eshkol site, which forced to increase the electricity production in coal, delaying the construction of the new 2 CCGT in Hadera Delay in conversion of coal units to NG in Hadera and Ashkelon Increases at the interest rates and Israeli consumer price index 02/01/2023 1.5% Extension of reduction of the excise tax on coal 04/01/2023 2.4% Reduction in coal prices and their stabilization since the beginning of the year Source: IEC's Financial Statements for 2022FY and for 9M.2023, Electricity Authority's decisions no. 62302 as of 01/24/22, no. 63006 as of 04/12/22, no. 63308 as of 07/27/22, no. 64504 as of 12/21/22, no. 64801 as of 01/26/23 and no. 65203 as of 03/26/23- electricity tariff to IEC's consumers Investor Relations 36
View entire presentation