Instead of paying your electricity bill, Shikun & Binui Solaria offers you an opportunity to independently generate your own power and sell the excess power to the Israel Electric Corporation, making a clean profit.
According to an international statistical survey, on average, there are 1615 hours of sunlight in Israel. These are only peak UV radiation hours, not total daylight hours.
A commercial Photovoltaic Solar Energy System can yield a 9%-13% yearly profit for the owner of the system, with no maintenance costs (except for solar panel cleaning). Return on investment can be achieved within less than 10 years. And in addition, systems of up to 4 KW are not taxable.
Once the Photovoltaic Solar Energy System is installed, the Electric Corporation installs a separate meter that monitors the total electricity generated by the system, for accounting purposes.
As part of the international incentive to promote energy production from renewable sources, the Israeli Government subsidizes the electricity rates produced by Photovoltaic Solar Energy technology that is transferred to the national electricity grid.