
"As the Middle East conflict drives up on-farm costs and prompts thousands of farmers to explore solar, ASB has extended its SMART Solar Loan and upgraded its solar planning tools. ASB SMART Solar helps farmers control their energy resilience and costs by generating their own power. Providing up to $150,000 interest-free for five years on solar and battery systems, the award-winning offer has now been extended to June 2027 ... Research by energy transition charity Rewiring Aotearoa for ASB found that while there was 66% latent demand for electrification among farmers, the high upfront installation cost was the key barrier to uptake. Rewiring Aotearoa CEO Mike Casey says: 'We're seeing plenty of demand for solar, batteries and other electric upgrades in the rural sector right now as the price of grid electricity and imported fuels rises. Our research has shown that solar offers big savings, increased resilience and emissions reductions, so it's great ASB is helping to unlock that potential.'"
Read moreDownload the document hereAdvances in technology and falling costs mean customer-owned solar and batteries can play a critical role in New Zealand’s energy infrastructure - improving affordability, resilience and sustainability. Multiple trading relationships (MTR) and peer-to-peer trading would enable this potential by increasing competition, customer choice, and innovation in the electricity market, unlocking greater consumer benefits from customer solar and batteries.
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