In May, 2012, Israel's Utilities Authority for Electricity announced that it would be considering re-opening the contracts, as the prices set were higher than the average price that would be demanded under comparable circumstances elsewhere.
It would be considering re-opening the contracts. This was what 2012 announced, as the prices set were higher than the average price that would be demanded under comparable circumstances elsewhere in May.2012 was Israel's Utilities Authority for Electricity.