The Israeli Parliament, also known as the Knesset, has announced a tender for the installation of a 400 kW solar PV system on its roof via the country’s net metering program. The deadline for applications is 10th April and the price bids are not capped.
The Knesset net metering installation is a part of program to green the parliament, which upon completion, the Knesset suggests, will make the building the greenest Parliament building in the world.
Israel legislated the regulations for net metering in March 2013, making it possible for households and businesses to install solar PV systems up to 5 MW.
The country’s Public Utilities Authority and Electricity regulator (PUA) has also established net metering installation caps of 200 MW for 2013 and 200 MW for 2014.
To date, net metering installations stand at around 10 MW, while in 2013 alone applications for 36 MW of net metering systems were submitted.
According to the regulator, entities that own a net metering solar PV system are able to save their electricity retail tariff through self-consumption, minus grid ‘balancing costs’ estimated at 0.015 NIS kW ($0.04 cents). Thus, electricity production surplus fed to the grid is rewarded as ‘credit’, which is then struck from the consumer’s electricity bill at the end of the month.
Owners of net metering solar PV systems are also charged for using the grid at a tariff depending on the consumer’s grid voltage line (high/low voltage) and the time of using the grid.
The Israeli net metering system is generous in that it allows consumers to accumulate and transfer credit up to a maximum period of two years.