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Israel Electricity Authority Slashes Solar Rooftop Payments Dramatically
Israel's Electricity Authority will significantly reduce payments for new solar rooftop electricity generation starting in 2027, moving towards a market-based model. Tariffs for small rooftops will decrease by approximately 20% by 2030, and the guaranteed payment period will shorten.
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What happened
- 01Israel's Electricity Authority will drastically cut payments for new solar rooftop electricity generation.
- 02New solar installations from 2027 will see tariffs reduced by up to 20% by 2030.
- 03The guaranteed payment period for solar rooftop electricity will be shortened from 25 to 20 years.
- 04Medium-sized solar rooftops can now enter direct contracts with private electricity suppliers.
- 05Existing solar rooftop installations will maintain their current payment rates for 25 years.
- 06Incentives for energy storage will be eliminated, with reliance on private suppliers for storage solutions.
Medium-sized rooftop owners will be able to sign contracts with private suppliers, introducing competition. These changes aim to lower overall energy costs and reduce government subsidies.
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