Solar plan for cheaper, cleaner power wins green energy award

Auckland, 16 November 2015 - A smart, new energy plan that allows homeowners to go solar without the cost of buying the panels, has been recognised for breaking new ground by the New Zealand solar industry.

The solarZero plan, launched in February by the nation’s leading solar power company, solarcity, won the most innovative product for residential solar PV systems at the annual Sustainable Electricity Association New Zealand awards, sponsored by ABB.

solarcity CEO Andrew Booth says solarZero was designed to let homeowners generate cheaper, cleaner power by going solar.

“Kiwis love the idea of going solar but cannot afford the high upfront capital cost. Our solarZero plan has got rid of that price obstacle so homeowners can go solar for little, or no, upfront costs and lock in a fixed price for power,” he says.

With the solarZero plan solarcity pays for the panels, installation, repairs, monitoring and insurance for 20 years. The customer pays a fixed monthly fee for solar which is less than the average rate for electricity from the national grid.

“As power prices have gone up 153% in the past 20 years, locking in the price for daytime energy could save homeowners thousands of dollars over the long term. This gives them the ability to make a real difference in the fight against climate change without worrying about return on investment, or ongoing maintenance.”

solarcity provides further support through energy advice and services to help maximise in-home solar consumption and improve energy efficiency throughout the term of the agreement.

“We have introduced a new solar energy services business focused on solar and energy efficiency that is motivated to help customers reduce their energy consumption.

"It is great for our team to be recognised for giving consumers an easy, affordable way go solar and reduce the impact of the seemingly ever-rising cost of power."

SeanzAward 2015

From left, Zygmut Nejman from ABB Australia, solarcity CEO Andrew Booth and SEANZ Chairman Brendan Winitana.