More than 250,000 households are already benefiting from the reform in the electricity sector and the possibility of switching to a private supplier and receiving discounts on their electricity bill.
Israel's Ministry of Energy and Infrastructure launched a first-of-its-kind guide to aid local authorities in encouraging their residents to adopt renewable energies in their homes.
The move is expected to lower the electricity bill for all families in Israel, and can save each household hundreds or even thousands of shekels per year depending on the offers of the suppliers, the nature of use and the hours of electricity consumption.
Israel's Ministry of Energy and Infrastructure said that, for the first time since the establishment of the state, the electricity industry will be opened to competition.
Israel's Electricity Authority approved the updating of energy production and storage tariffs in order to encourage the construction of solar production facilities with a capacity of 100-630 kilowatts.