Spring is in the air which might explain why energy reports are popping up like daffodils at the moment. To save you time we’ve read them for you and prepared a helpful summary.
Consumer NZ warns that if you buy a solar system it could take years to pay for itself. That’s not an issue with our solarZero energy service. As there are zero set up costs you start saving money on your power costs from the start. Consumer goes on to say that the payback time for the battery is far longer than its lifespan. Again, with zero product and installation costs you don’t have to worry about that as a solarZero customer. Plus, we’ll give you one full battery replacement during the 20 agreement, at no extra cost to you. Awesome!
Vector, New Zealand’s largest lines company, has been taking a close look at the impact that climate-change and increasing extreme weather events are going to have on the power supply chain in the future. Putting power lines underground could help but its expensive and not a failsafe solution in areas that are prone to flooding or earthquakes. As has been found elsewhere around the world, Vector says combining solar power and battery storage is one of the easiest and most cost effective ways Kiwis can improve their home's energy resilience.
The government wants to shift NZ to 100% renewable electricity by 2035 and commit to zero carbon by 2050. The NZ Productivity Commission says immediate action is needed to set the nation on that path. The good news is that solar, wind and geothermal energy offer considerable scope to boost our supply of clean, renewable electricity.
The government is also conducting a review of electricity prices. The initial findings show that Kiwi households are the biggest losers when it comes to the increasing cost of electric power. Since 1990 those power prices have risen more than 80 per cent and over the past two decades they’ve risen faster than most other OECD countries. As a result there are now more than 100,000 households experiencing energy hardship.
To finish on a bright note, Greenpeace has unveiled a plan that would see half a million homes solarised over the next 10 years. It says this move would secure a clean, modern, and affordable energy system for New Zealanders.