" installing a home solar energy system gives the customer an annual return of 14%"

Posted on Sep 22, 2022 by Ifi Reporter

Nir Peleg, CEO of Enerpoint, says that installing a home solar energy system gives the customer an annual return of 14% and returns the investment in installing the system within 6.5 years. The cost of installing a solar energy system for an average roof is about 70,000 to 80,000 NIS.
An increase in electricity rates in the first half of 2022 resulted in a 12% increase in the installation of solar systems and it is expected that by the end of the year the increase will be over 20% in the installation of solar systems in the private sector.

In the first half of the year 2022 there was an increase of about 12% in the installation of solar systems using photovoltaic technology and it is expected that by the end of the year there will be an increase of over 20% in the installation of solar systems in the private sector.
Peleg further notes: "The fact that the high electricity prices brought the solar energy field to the fore is an investment with clear economic viability that generates passive income for the property owner, hand in hand with the fact that these are green systems and there are two very interesting vectors here that merge with each other. A solar system is an investment with viability A distinct economy that produces passive income for the owner of the roof. The returns that the systems generate today are double-digit annual returns. This is an investment with low risk. Here is an asset that yields for 25 years, today it is easy to get financing in favor of a solar system.
"A few months ago, the Enpoint company was purchased by the Kalmobil group - the largest automobile importer in Israel."
"Enpoint" company also expanded the project to rent roofs to establish a solar energy system for large buildings when the electricity will be sold to the electric company and the incoming owner will benefit from fixed annual rent for a period of 25 years, with the entire cost of setting up and maintaining the solar system at the expense of the company.
According to the government's decision, the production of electricity from renewable energy by the year 2025 should be about 20% of the total electricity consumption and by the year 2030 about 30% of the total electricity consumption in Israel.


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