Breaking Update

Nearly 500,000 Israelis Switch to Private Electricity Suppliers Amid Market Reform

Israel's electricity market reform sees nearly 500,000 consumers switch to private suppliers, with Bnei Brak and Modi'in among top cities.

energy

Jerusalem, 9 September, 2026 (TPS-IL) — Israel’s Electricity Authority reported that nearly 500,000 consumers, including about 450,000 households, have switched from the state-run Israel Electric Corporation to private suppliers since the market’s deregulation began. A new monthly record was set in August, with more than 20,000 customers switching in a single month.

The authority’s city-by-city index shows Bnei Brak leading among the largest cities, Modi’in topping large cities, Modi’in Illit leading medium-sized cities, and Be’er Ya’akov leading small cities, with switch rates in top-ranking cities ranging from 20% to 33%.

The shift reflects Israel’s ongoing effort to liberalize its electricity market and introduce consumer competition into a sector long dominated by the state utility.

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Wednesday, 9 September 2026 Updated continuously