Solar Power Snafu Could Inflate Israelis’ Electricity Bills $375m

The cost of building solar power plants and price of solar power have been dropping fast, but the government didn't revise contracts with producers.

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The plummeting price of solar energy equipment could leave Israeli electricity users paying some 1.5 billion shekels ($385 million) more than they should over the next 20 years, all because of the high rates...