‘We’re paying 300% more than what we should for water – something has to be done’

Knesset Interior Committee chairman David Amsalem (Likud) set a goal for when the Knesset returns from its summer recess: Make sure water prices are significantly lowered.

Following a meeting of his committee regarding a water corporation in the north, Amsalem began researching the topic, and found that Israelis are being charged about NIS 9.20 per cubic meter of water, which is over three times the average production cost.

Amsalem explained on Thursday that water has a production price. For desalination, which makes up about 40 percent of the market, it is around NIS 3 per cubic meter, and for ground water, it about 70 agorot per cubic meter.

Source: http://www.jpost.com/Israel-News/Politics-And-Diplomacy/Were-paying-300-percent-more-than-what-we-should-for-water-something-has-to-be-done-412745

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