New Online: Solar Energy in Israel

Hi Everyone !

Today I launched a new website called:

Solar Energy in Israel
http://www.solar.co.il

Solar Energy in Israel is a free, on-line, educational resource to learn about solar energy developments in Israel

The site features include:

Frequently Asked Questions - The FAQ sections provide you with answers to the common questions people ask about solar enegy systems in Israel and abroad.

The Solar Energy in Israel Blog - The weekly blog updates will keep you informed about developments and news related to solar energy in Israel and about updates to the website.

Videos - A selection of online, educational videos about solar enegy in Israel and abroad.

Companies - An index of solar energy companies in Israel

Glossary - Basic solar energy words and terms with easy to understand explanations

English - Hebrew Dictionary - A dictionary of Hebrew solar energy words and terms with English translations and transliterations.

Links - Solar Energy resources in Israel and around the world.

Feedback is welcome.

Please forward this message to anyone that may be interested in learning about Solar Energy in Israel.

Thank you!
Have a good day,
Jacob

Bank Hapoalim offers loans for domestic solar panels

Hi Everyone!

Below is an article from Globes about financial assitance in purchasing a home solar power system. I am currently working on a website about Solar Energy in Israel and I hope to launch it soon.
Chodesh Tov,
Jacob

Bank Hapoalim has launched a financing package for private customers to buy home solar systems. The bank says on its website that it is offering customers full financing at low interest rates for up to ten years.

The bank added that the product was the first in a series of eco-friendly financial solutions that will support market needs in dealing with environmental issues. The bank said that, in addition to the contribution to the environment, it sees a business opportunity in a growing market.
The government recently published regulations under which Israel Electric Corporation will, from July 1, buy the surplus power from private producers of solar power generated electricity.

A homeowner with a solar power system will be eligible for a NIS 2.04 per kilowatt/hour (kw/h) rebate on electricity produced, and will pay NIS 0.50 per kw/h for electricity consumed. The result is cash flow. The return on investment in the system is estimated at 8-10 years. The regulations offer homeowners the financial incentive to encourage the installation of household solar power systems, in addition to the homeowners' environmental awareness.