4 FAQs about Price of solar panels for energy storage in Jerusalem

Are solar panels profitable in Israel?

While the system can bring a double-digit return on investment for some, for the hundreds of thousands who own apartments in shared buildings, it is not yet profitable. Over the past few years, it has become more and more popular for homeowners in Israel to set up solar panels on their roofs or in their yards — and for good reason.

How to set up solar panels in Israel?

When setting up solar panels, the first step is contacting a company that installs solar systems. Today in Israel, there are many companies of this type in the growing market, and it is worthwhile to conduct thorough market research and get recommendations from others who have already been through the process.

How many residential buildings in Israel have gone solar?

Only a handful of residential buildings in Israel have gone solar due to multiple obstacles, one of which is that a residents' committee cannot secure a bank loan. An apartment building fitted with solar panels (but not storage) in the southern city of Beersheba, through the Sun for All initiative. (Yuval Pan)

Should Israel use solar panels?

Another advantage to expanding the use of solar panels is that it reduces Israel's dependence on oil-produced energy, which in today's world affords great power to a fairly small number of countries, most of which are characterized by problematic regimes, to say the least.

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