No Result
View All Result
  • Login
Monday, March 2, 2026
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Business

IEC suspends ‘service’ charges for rooftop solar panels

by FeeOnlyNews.com
2 months ago
in Business
Reading Time: 2 mins read
A A
0
IEC suspends ‘service’ charges for rooftop solar panels
Share on FacebookShare on TwitterShare on LInkedIn


The Public Utilities Electricity Authority has instructed the Israel Electric Corp. (IEC) to suspend retroactive ‘systems service costs’ charges to households with rooftop solar energy panels and to further examine the matter. Some of the individual bills come to thousands of shekels. “Globes” revealed earlier this week that the IEC had begun collecting the charge, which included arrears for two years, four years after the Public Utilities Electricity Authority agreed to the charge. The IEC has been told to submit its examination to the Public Utilities Electricity Authority within two weeks.





RELATED ARTICLES




Home rooftop solar panels subject to unexpected IEC bills


Rooftop solar panels become mandatory on new houses


All Israelis will foot bill for mandatory rooftop solar panels


New housing rooftop solar panel incentives unveiled






As “Globes” reported, the Public Utilities Electricity Authority instructed the IEC in 2022 to collect ‘systems costs” for consumption of electricity produced and stored by homeowners (as opposed to systems whereby homeowners sells the electricity to the IEC and buy it back at a higher price).

The payment, which is NIS 0.9.09 agorot per kWh) is collected to cover services that the IEC provides that enables ongoing consumption, such as balancing demand and maintaining the correct frequency of the system. However, for about four years, the electricity company has not collected payment due to delays in developing the computer system to manage this.

Starting with the electricity bills for October 2025, owners of rooftop solar panels connected to a storage system began to pay these costs. Moreover, the IEC began to collect these payments retroactively for two years – the maximum period of time that it is legally allowed to collect retroactively. It began sending text messages warning rooftop solar panel owners about this, in anticipation of electricity bills that could reach thousands of shekels.

A letter sent by from the Public Utilities Electricity Authority to IEC VP legal counsel Gershon Berkowitz said, “We request that you conduct an investigation into the sequence of events that led to the failure to collect the tariff from consumers on time, and the commencement of its collection only after approximately four years from the date of the decision.”

Published by Globes, Israel business news – en.globes.co.il – on January 7, 2026.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2026.




Source link

Tags: ChargesIECPanelsRooftopServicesolarSuspends
ShareTweetShare
Previous Post

A long stretch of stability

Next Post

Viridis receives LoS for Brazil’s Colossus Rare Earths project

Related Posts

Nifty IT in sell-on-rise mode, may fall another 8-10%: Rupak De

Nifty IT in sell-on-rise mode, may fall another 8-10%: Rupak De

by FeeOnlyNews.com
March 1, 2026
0

The Nifty IT index remains under sustained technical pressure, with recent attempts at recovery lacking conviction and failing to alter...

American tourist stranded in Dubai due to Iran’s bombardment doesn’t think she’ll be back

American tourist stranded in Dubai due to Iran’s bombardment doesn’t think she’ll be back

by FeeOnlyNews.com
March 1, 2026
0

The United Arab Emirates has sold itself to foreigners for years as a sunny, safe, tax-free oasis. That peaceful image was shattered...

Oil shock, AI worries to weigh on Indian markets amid rising global uncertainty

Oil shock, AI worries to weigh on Indian markets amid rising global uncertainty

by FeeOnlyNews.com
March 1, 2026
0

Mumbai: A risk-off wave is set to sweep across equity markets early this week, as US-Israeli military actions against Iran...

Stock market today: Dow futures sink nearly 500 points as US attack on Iran sends oil prices soaring

Stock market today: Dow futures sink nearly 500 points as US attack on Iran sends oil prices soaring

by FeeOnlyNews.com
March 1, 2026
0

U.S. stock futures pointed to a risk-off trade Sunday evening as investors reacted to the U.S.-Israeli bombardment of Iran over...

4 Billion Is Flowing to International Stocks. Should You Join in?

$104 Billion Is Flowing to International Stocks. Should You Join in?

by FeeOnlyNews.com
March 1, 2026
0

New research from Bank of America (NYSE: BAC) shows that international stocks might be poised to outperform American equities. According...

As Iran attacks Dubai, the tax-free haven for the global elite could see ‘catastrophic’ fallout

As Iran attacks Dubai, the tax-free haven for the global elite could see ‘catastrophic’ fallout

by FeeOnlyNews.com
March 1, 2026
0

Iran’s retaliation to the U.S.-Israel bombing campaign has focused heavily on its neighbors around the Persian Gulf, threatening their status...

Next Post
Viridis receives LoS for Brazil’s Colossus Rare Earths project

Viridis receives LoS for Brazil’s Colossus Rare Earths project

Eli Lilly – LLY: Kursfantasie dank Medikamenten-Boom!

Eli Lilly – LLY: Kursfantasie dank Medikamenten-Boom!

  • Trending
  • Comments
  • Latest
York IE Appoints Chuck Saia to its Strategic Advisory Board

York IE Appoints Chuck Saia to its Strategic Advisory Board

February 18, 2026
Super Bowl ads go for silliness, tears and nostalgia as Americans reel from ‘collective trauma’ of recent upheaval — ‘Everybody is stressed out’

Super Bowl ads go for silliness, tears and nostalgia as Americans reel from ‘collective trauma’ of recent upheaval — ‘Everybody is stressed out’

February 8, 2026
York IE Adds OpenView Veteran Tom Holahan as General Partner for New Early Growth Fund

York IE Adds OpenView Veteran Tom Holahan as General Partner for New Early Growth Fund

February 11, 2026
The Weekly Notable Startup Funding Report: 2/9/26 – AlleyWatch

The Weekly Notable Startup Funding Report: 2/9/26 – AlleyWatch

February 9, 2026
FPA partners with Snappy Kraken to update PlannerSearch

FPA partners with Snappy Kraken to update PlannerSearch

February 25, 2026
Huntington Bank gives Ameriprise institutional unit B boost

Huntington Bank gives Ameriprise institutional unit $28B boost

February 6, 2026
Matt Hougan: Bitcoin ETFs could reach a trillion dollars, institutions see market dips as opportunities, and wealth managers are gradually gaining Bitcoin access

Matt Hougan: Bitcoin ETFs could reach a trillion dollars, institutions see market dips as opportunities, and wealth managers are gradually gaining Bitcoin access

0
Analysts optimistic war will have positive impact on markets

Analysts optimistic war will have positive impact on markets

0
Discover 5% Bonus Categories, Q1 2026: Restaurants and Home Improvement

Discover 5% Bonus Categories, Q1 2026: Restaurants and Home Improvement

0
Why You Should Stop Leaving Your Honda Civic Running in the Driveway

Why You Should Stop Leaving Your Honda Civic Running in the Driveway

0
Discover the Greek Paradise Where a Couple Can Retire on ,000 a Month

Discover the Greek Paradise Where a Couple Can Retire on $2,000 a Month

0
Alvopetro Energy highlights growth across Brazilian and Canadian assets in 2025

Alvopetro Energy highlights growth across Brazilian and Canadian assets in 2025

0
Nifty IT in sell-on-rise mode, may fall another 8-10%: Rupak De

Nifty IT in sell-on-rise mode, may fall another 8-10%: Rupak De

March 1, 2026
I traced who owns the undersea cables that carry 95% of global internet traffic — the map is a colonial one

I traced who owns the undersea cables that carry 95% of global internet traffic — the map is a colonial one

March 1, 2026
Iran Claims It Struck The USS Abraham Lincoln Aircraft Carrier

Iran Claims It Struck The USS Abraham Lincoln Aircraft Carrier

March 1, 2026
American tourist stranded in Dubai due to Iran’s bombardment doesn’t think she’ll be back

American tourist stranded in Dubai due to Iran’s bombardment doesn’t think she’ll be back

March 1, 2026
Oil shock, AI worries to weigh on Indian markets amid rising global uncertainty

Oil shock, AI worries to weigh on Indian markets amid rising global uncertainty

March 1, 2026
Stock market today: Dow futures sink nearly 500 points as US attack on Iran sends oil prices soaring

Stock market today: Dow futures sink nearly 500 points as US attack on Iran sends oil prices soaring

March 1, 2026
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Nifty IT in sell-on-rise mode, may fall another 8-10%: Rupak De
  • I traced who owns the undersea cables that carry 95% of global internet traffic — the map is a colonial one
  • Iran Claims It Struck The USS Abraham Lincoln Aircraft Carrier
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.