Israel to exempt home solar, wind from taxes - report
Rooftop solar system. Author: Martin Abegglen. License: Creative Commons, Attribution-ShareAlike 2.0 Generic
The Knesset in Israel has passed in a plenary vote yesterday a bill that exempts from tax home rooftop solar and other renewable energy installations.
The bill, which aims to encourage the wider use of renewables, also introduces tax benefits for those who rent spaces for clean energy projects, the Jerusalem Post reported.
Knesset member Yael Cohen Paran, one of the authors of the bill, said that every household in Israel will now be able to go greener. She noted in a speech that the country sources just 2% of its power from solar systems, even though there is abundant sunshine.