Last Updated on March 7, 2024
With the cost of living constantly on the rise, it is refreshing to learn that there are actually ways to reduce our bills.
Table of Contents
The reform in the electricity market
Starting 1.1.2023, household consumers can now choose their electricity supplier. The reform is meant to increase competition and reduce prices.
To be eligible to switch companies, your electric meter must currently be a “smart meter” (מונה חכם), though this may change in the second half of 2024. If you don’t already have one installed, it might be coming soon – read more about your options below.
Which companies can I order electricity from?
There are currently 5 companies that you can work with:
- Chevrat Hachashmal
- Amisragas
- Electra Power
- Cellcom Energy
- Pazgas
Will I have more outages or other problems with one of the new companies?
Nothing will physically change and you will still be in contact with the national Electricity Company directly if there are any outages.
The only change is that another company sends you bills.
What deals are available?
As of January 2024, these are the available discounts:
Company | Track | Discount | Discount details |
Amisragas | 24/7 | 6.5% | 24/7 |
Electra Power | 24/7 Power | 5% (6% 2nd year 7% 3rd year) | 24/7 |
Electra Power | Hitech | 8% (9% 2nd year 10% 3rd year) | 11pm to 5pm the next day |
Electra Power | Night | 20% | 11pm to 7am the next day |
Cellcom Energy | 24/7 | 5% (6% 2nd year 7% 3rd year) | 24/7 |
Cellcom Energy | Work from Home | 15% | 7am to 5pm, Sunday to Thursday |
Cellcom Energy | Night | 20% | 10pm to 7am, Sunday to Thursday |
Pazgas | Day | 15% | 8am to 4pm, Sunday to Thursday |
Pazgas | Night | 15% | 12am to 7am, Sunday to Thursday |
Pazgas | Weekend | 10% | 12am Thursday night to 12am Saturday night |
Pazgas | 24/7 | 6% | 24/7 |
You can use our new, free calculator to determine the best deal for you. Keep reading!
How do I sign up?
Step 1. Determine which track will be best for you
If you already have a smart meter, there is no need to guess or do our own calculations. Just use the Blue & White Finance Electricity Calculator below to do the work for you.
(If you do not yet have a smart meter, consider signing up for one of the 24/7 discount offerings. Review these offerings in our Calculator below and then skip to Step 2, without doing your own personal calculations.)
First download your detailed electricity usage from the Chevrat Hachasmal website. This is how you will get all the data to determine which plan will provide the best discount. First log in, then under פעולות on the left-hand side click עוד פעולות. Then under מידע אישי click נתוני הצריכה שלי, and then מצב צריכה עדכני.
Scroll down and at the bottom click למייל שלך. Within about 48 hours you will receive your electricity usage report via email.
Next, download the Blue & White Finance Electricity Calculator by entering your email below:
Follow the instructions in the calculator to paste in your usage. The calculator will tell you the best track for you and how much you personally can expect to save.
Step 2. Contact the chosen company and sign up!
Visit the relevant website using one of the following links:
After you leave your details, a representative will call you to walk you through the joining process. It should look roughly like this:
- You will sign a contract with the new provider.
- Check if you have a smart meter installed for your apartment using this chat bot.
- If you have a smart meter, great!
- If you don’t have a smart meter you can contact Chevrat Hachasmal to order one for 265 ₪. Some of the new providers will help you with this process. Alternatively you can check if your address will receive one in the coming year for free. It can take up to 60 days to have it installed. (Note that from the second half of 2024, you may be able to switch providers without a smart meter.)
- After you have a smart meter, the new provider will process the request through an intermediary company named NOGA. NOGA will send you an SMS with a link to sign a digital form. You should be connected by the 1st of the following month.
Step 3. Start paying less
You will receive a final bill from Chevrat Hachashmal. Going forward you will be billed by the new provider at the discounted rate.
Congratulations!
Feel free to write a comment below to share with us which company you chose, the size of your expected discount, and how the process went for you!
- About the author
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When I’m not writing new guides or concocting new calculators, I spend time on Zoom with young professionals from all over Israel.
Together we build simple and achievable Financial Action Plans that get you closer to achieving your dreams.