Israel’s electricity rate is being cut by 9.4% with effect from January thanks to the natural gas from the Tamar reservoir. Water rates are being reduced by 10% effective from 1st Jan 2015. Gasoline prices were also cut by 10%.
http://www.globes.co.il/en/article-94-electricity-rate-cut-set-for-january-1-1000995721
http://www.globes.co.il/en/article-water-rates-to-fall-10-in-january-1000993091
http://www.globes.co.il/en/article-gasoline-prices-to-fall-nis-063-wednesday-night-1000997245