New solar service for central Otago helps beat rising power prices

Switching to solar power is a smart choice for central Otago homeowners who are being “suckerpunched” by power retailers charging high power prices, says the head of solarcity, New Zealand’s leading energy services company.

“With the combination of high sunshine hours and high power power prices, solar has the potential to really make a difference in central Otago,” says CEO Andrew Booth.

“We’re launching our smart solarZero energy service in central Otago today to help families save money on their energy bills over the long term. We’re making it possible for many homeowners to switch to solar electricity for their daytime power needs for a fixed price that won’t rise for the next 20 years.”

The cost of grid power in New Zealand has risen by more than 150% in the last 20 years with the latest increases taking effect from the start of this month. 

According to government figures, some central Otago families pay about 10% more for electricity than most New Zealanders. 

“Why should homeowners, who live right next to one of the country’s biggest hydro stations, be suckerpunched by grid power retailers charging higher prices for electricity every year.”

Booth says that by selling solar as an energy service, rather than as product with a big price tag, homeowners can go solar without the cost of buying solar panels.

“With our solarZero energy service you’re buying solar energy generated on your roof by panels we own and manage.”

He says customers simply pay a low, fixed monthly fee for energy services that are guaranteed for 20 years, providing inflation-free solar power that can save thousands of dollars on power bills over that term.

“With affordable solar now available to all Kiwis, the big utilities no longer have the monopoly over powering your home. Our solarZero service is good your wallet and great for the environment.”

As a product extension to the solarZero service, battery storage can be added which means surplus solar power generated during the day can be stored and used at night and when power prices are high.