Electricity Revolution: Beginning July 1, every Israeli will be able not only to manufacture his own electricity, but to sell what he doesn't need to the Electric Company.
The Israel Electric Company (IEC) is hoping to encourage consumers to install solar panels, and is willing to pay them NIS 2.01 per kilowatt of "clean" electricity. This is approximately four times the amount that consumers pay the company for their electricity.
Installing the solar panels is expensive, however, and begins at 60,000 shekels. Adequate roof space is also required. Experts say that those who are willing to make the investment will be able to make back their money in ten years.
Dan Lavi of Yisrael HaYom reports that unlike Germany and Spain, Israel's government does not yet subsidize consumer solar panels.
Source: 以色列环球报 Jun. 16, 2008
