First reduction in water tariffs after about 4 years: expected to fall in January 2022 by about 1.76%

First reduction in water tariffs after about 4 years: Water tariffs for households are expected to fall in January 2022 by about 1.76%, with according to the Water Authority the consumer will save on a common water bill about NIS 5 for two months. The tariff for the quantity sold (the low tariff) will be NIS 7,506 per cubic meter (instead of NIS 7,641 per cubic meter) and the tariff for each additional quantity (the high tariff) will be NIS 13,475 per cubic meter (instead of NIS 13,717 per cubic meter). The recommendation was forwarded to a hearing but is expected to pass.
This is the first tariff reduction since July 2017. In January this year, although there was no change in water tariffs, in July 2021 the tariffs increased by 4.5%.
In total, from January 1, 2010, the high tariff (which at the time was NIS 11.95 per cubic meter) has risen by about 15% in total (with ups and downs). The low tariff was reduced by 7.4% between January 2010 (then NIS 8.11 per cubic meter) and January 2021.
The highest rate we paid in the last decade was July 2013 to January 2014, when the high rate was NIS 14.91 per cubic meter and the low rate was NIS 9.26 per cubic meter.
The Water Authority stated that: “The reduction is mainly due to an increase in revenue from water sales, linking the tariff to the basket of indices and differences taking into account sources from previous years.
"Despite the increase in water economy costs resulting from investments by water and sewage corporations, updating of wastewater costs, linking costs to the basket of indices and additional payments required as part of further assessments for desalination of desalinated seawater, maintaining stable and sustainable water management, this reduction is The water economy and the investments required in the national water economy. "
Water rates must reflect their true cost, and are updated twice a year: in early January and early July. The water sector in Israel is a closed economy with no external budget that requires investments in infrastructure, natural water sources, desalination facilities, storage and purification of effluent water. Therefore, the tariff calculation is based on the degree of investment in infrastructure in that year.