RAMALLAH, West Bank — The Jerusalem District Electricity Company (JDECO) announced Sept. 16 that it received the third and final warning from the Israel Electricity Corporation (IEC) to settle its debt within three months. This means that due to the company’s failure to pay its accumulated debts, areas that JDECO supplies electricity to will start witnessing two hours of electricity cuts starting Sept. 22 based on a schedule.
Following the first warning Aug. 19, JDECO took out a bank loan and paid 100 million Israeli shekels ($28.3 million), of the 1.3 billion shekels ($368 million) outstanding. However, the IEC continued issuing threats.