
We've been talking about energy for ages at Rewiring, but everyone else seems to be talking about it, too, primarily because price rises are proving to so painful for so many homes and businesses. One way to reduce that pain is by offering long-term, low-interest loans for electric upgrades, something we've been working hard on for a while, and that was the subject of a front page story on The Post. In it, questions were raised about the amount of money being spent on consultants (and some of the advice then being ignored) and whether the Government would back the Ratepayer Assistance Scheme.
Rewiring Aotearoa CEO Mike Casey featured prominently with the quote: "It's just time to stop spending money on consulting to come up with new ideas ... we really need to start taking action."
Read the full story here (paywalled)⚡
Right now, an average home could save about $1,000 a year, including paying interest on a loan. And there are a lot of other 'positive externalities', as the economists say.
We don't need subsidies to make solar economic, but where subsidies will help is if we want to speed things up, like they've done in Australia. Subsidies will encourage people with money or access to finance to go out and buy solar and batteries, but long-term, low-interest finance is more important because it means more New Zealand households, especially lower-income homes, will be able to access those technologies and save money from day one.
Find out more about the RAS and why it makes so much sense here.
Political Power has gone local! Dr Nick Smith, mayor of Nelson and ex-National Party minister, is an early adopter when it comes to electric machines but, through his efforts with the council and his close involvement with the Ratepayer Assistance Scheme, he's also embracing one of Rewiring's core mantras: once you've electrified your own life, electrify someone else's life, too.
Read moreDownloadWhether it's the growing number of electric buses, new electric trains for the lower North Island and City Rail Link, or new electric ferries, we love seeing more electric transport options in our big cities. It's also good to see some of our smaller cities like Palmerston North, Timaru and Nelson going electric and, as is almost always the case, the drivers reckon it's better on electrons. At the Electrify Nelson expo, we spoke with one driver Lee about the city's electric buses. And he definitely wouldn't go back to diesel.
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