Successful applicants will receive an ILS0.45/kWh ($0.13) feed-in tariff (FIT) for 23 years.

The current FIT (although due to change later this month) is 1.48 NIS per kWh for turbines up to 15 kW (rated at 9 m/s) and 1.18 NIS for turbines up to 50 kW.

One of the main problem in the past was that there was no feed-in tariff,” Yavetz said. “Now the policy is there and we hope the regulations will be published.”. . “We gave the settlements the option to hold up to 39 percent of the equity of all the ventures eventually,” he said.

According to the government plan, small, medium and large entrepreneurs will be permitted to sell energy produced from the sun, wind and biogas to the Israel Electric Company at a subsidized “feed-in tariff.”

Essentially, the Treasury has frozen all new licenses for large solar fields pending a Public Utility Authority review of tariffs paid for solar energy, seeking to reduce the tariff to 40 agorot per kilowatt hour (kWh) from a rate of over a shekel per kWh.

Israel’s Public Utility Authority posted on Monday for public comment its revised proposal for feed-in tariff rates that the government will pay for the output of small wind turbines up to 50 KW. It will pay between NIS 0.44 (US $0.10) and NIS 0.54 (US $0.12) per kilowatt hour, a mere quarter of what was floated in 2009 as a possible payment rate.

The Public Utility Authority – Electricity (PUA) posted on Monday for public comment the proposed feed-in tariff for wind farms. Wind farms connected to the distribution network would receive NIS 0.54 per kilowatt hour and those connected to the delivery network would receive NIS 0.44 per kilowatt hour. The agreements would be in place for seven years.