State Subsidy for Electricity Generation from Wind and PV

The Electricity Authority in Israel has approved a state subsidy for electricity generation from renewable energy. Generation during intermediate demand periods (generally morning and evening hours) will receive 6.4 Agorot per kWh, which will rise to 8.6 Agorot during peak demand (afternoons), and 10.2 Agorot at nights (low demand). The subsidy will benefit private producers who sell electricity to Israel Electric Corp and to private consumers via the IECs grid.

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