Money will return to gas accounts — who will receive payments from "Supergas"

Supergas Power has announced a settlement in a class action lawsuit, providing payments and benefits to household gas consumers totaling over 31 million shekels. 17 million shekels plus VAT will be credited to customers' gas accounts, and an additional 14 million shekels plus VAT will be distributed as benefits over four years. The agreement has not yet been approved by the court.

Supergas Power has released its first-half 2026 results and announced a settlement in a class action lawsuit, providing compensation to household gas consumers totaling over 31 million shekels. Under the terms, 17 million shekels plus VAT will be directly credited to the gas accounts of eligible customers. An additional 14 million shekels plus VAT will be provided as future benefits over four years. The agreement was filed in July and has not yet been approved by the court. The company's financial results for the half-year: revenue was approximately 493 million shekels (up 26% year-over-year), operating profit was 10.3 million shekels. Net loss was 9.5 million shekels, which the company attributes to increased financial expenses and higher costs of imported LPG. The company also completed the sale of its natural gas business to the Aluma fund for 395 million shekels and repaid long-term bank loans.