The “Energy supply provision law”, a bill to oblige electric power companies to purchase surplus solar energy produced by private residences at twice the market rate, has been recently approved by the Upper House of the Japanese Diet and became law on the first of the month. The Japanese Government is establishing the new system this year, having set specific provisions overseeing the implementation procedures. With the popularization and spread of solar power, the cost of buying surplus power from businesses and private homes has been raised.
