What happens if the wholesale market price is less than 8c/kWh
In some months the average wholesale price can be less than 8c/kWh (plus applicable lines or network charges and GST), in some hours of the day the price can even be $0. If the average monthly price is less than 8c/kWh (plus applicable lines or network charges and GST) that is what you will pay. The 8c/kWh net price on energy (plus applicable lines or network charges and GST) applies only where the average price is higher.
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solarZero 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 carbonzero certification and is still the only solar energy services business in NZ with that green credential. solarZero 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.