How is the price protection cap calculated?
We will provide a price protection cap on the net price of energy you pay each month (plus applicable lines or network charges and GST). This price protection will apply for the remaining term of the agreement.
For example, using 8c/kWh as price protected rate:
- Imported energy 500 kWh @ 11c/kWh
- Exported energy 50 KWh @ 13c/kWH
- Net energy used = 450kWh
- Net energy cost = $48.50
- Cost of net energy at 8c/kWh = $36
- solarZero Price Protection Credit = $12.50
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solarcity is the nation’s leading solar energy services company and a proud member of SEANZ. Over the past 35+ years it has put more solar systems on Kiwi homes and businesses than any other company. It was the first solar company in the world to achieve Toitū carbonzeroCertTM certification and is still the only solar energy services business in NZ with that green credential. solarcity is one of the fastest-growing green companies in New Zealand and is one of the Government’s Focus 500 companies that are targeted to contribute significant benefits to the New Zealand economy.