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RNZ reports on the changes announced by Ministers SImon Watts and Chris Penk that aim to increase the uptake of residential rooftop solar. Rewiring Aotearoa's Mike Casey said the changes to voltage limit would mean more generation, "which is exactly what New Zealand needs… for households in Australia, the average size for solar systems is about 10kWh. In New Zealand it's 5 or 6kWh because solar installations are being built to the size people are allowed to export. This allows for higher levels of solar panels to be on homes. It makes larger systems more economical. When you finance solar panels on your mortgage it probably costs you 13c per kWh - there are many retailers out there buying power off you at more than 13 per kWh. So every piece of power that you don't use in your home that goes back to the grid is actually still in the economic best interest of the household."
He said the more solar that was generated on the rooftops of New Zealand, the more it backed up the hydro system and meant it could be used more as a battery.
"It's a massive win for energy security."
Financial commentator Frances Cook uses her own story to show that that an investment in solar and an EV significantly outperforms the stock market and fellow number cruncher Nadine Higgins says that if you do it right, EVs are cheaper to run and own; EV sales have climbed to their highest level since 2022 and are closing in on 2023's numbers and Go Rentals has just invested $2.3 million in some new Tesla Model Y Premiums; the gap between energy costs of diesel vans and utes and electric vans and utes is absolutely massive; solar is also going off right now, with one installer in Otago 448% above their sales target in March; Lightforce has gone back to the Barretts with a new TV ad; Wellington mayor Andrew Little explains its electrification strategy and Hutt City Council shares data showing how its fleet has gone from dirty Toyotas to cleaner EVs; Shenzen in China has electrified its public transport and taxis and that's come with big benefits - and some challenges; and a very simple illustration of the LNG terminal.
Read moreDownloadAs Minister of energy, climate and local government, Simon Watts had a great opportunity to push the country towards cheaper, cleaner and more reliable New Zealand-made energy. And that’s why we laid down a challenge and gave him the ‘MegaWatts’ moniker last year. Rewiring Aotearoa CEO Mike Casey says he did some good things, like enabling more solar on farms, removing tax on solar exports, fixing onerous solar consenting requirements, putting pressure on the lines companies to pull up their socks, and getting the ball rolling on the Ratepayer Assistance Scheme. "But the LNG import terminal appears to have been a defining issue."
Read moreDownloadAfter ‘crunching the numbers’ and adding in new sources of ‘New Zealand-made energy’ to our equations, CEO Mike Casey has announced that Rewiring Aotearoa will be changing its name to Refuelling Aotearoa. There has been a huge amount of independently verified research showing electrification beats fossil fuels on economics, efficiency, emissions and energy security and that there is a huge opportunity for New Zealand to electrify, but the discovery of an infinite supply of snake oil in New Zealand has changed everything, he says.
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