
'You're asking me to use more electricity even though it's getting more expensive?' As you may have gathered, we're pro-electron here at Rewiring, but it's hard to get past this perception and, over the past couple of years, stories about cost increases and supply shortages have been in the news a lot. Not surprisingly, that's affecting the attitudes of New Zealanders and a recent survey from Octopus Energy showed that 85% of respondents were just as worried or more worried about the rising price of electricity this year and 70% thought the Government wasn’t doing enough to help address these costs.
What's not well understood is that upgrading to an electric home and car will require more electricity but much less energy overall when compared to a fossil fuel home and car. Energy is money and rooftop solar, the cheapest form of delivered electricity available to New Zealand homes, reduces those costs even further.
There was more concern about prices after news of Flick's wind-up and its customers heading to Meridian, but more retail competion or structural separation is not guaranteed to reduce the costs for customers because most of the bill increases in the coming years will be to pay for upgrades to our poles and wires.
The sad thing is that it has never been cheaper to generate and store electricity at our own homes. So if the Government is serious about reducing costs for Kiwis, why isn’t it doing anything to help New Zealanders access the savings while also ensuring our existing infrastructure is used more efficiently?
Newsroom's Marc Daalder showed that the Government proposed and then axed home solar incentives and, as Mike Casey said in the piece: “If 80 percent of the rooftops in New Zealand had rooftop solar, based on 2024 figures it would buy us another 29 days’ worth of storage in our hydro lakes – which would have halved the wholesale rate of electricity last year. So there’s a really big reason to look at turbocharging solar adoption in this country, both from a household and cost-of-living perspective as well as an overall energy system perspective.”
While we are working hard to get Wellington to step up, you don't need to wait for Wellington. If you're worried about the rising costs of energy, maybe it's time to put your roof to work and own your energy, rather than just look for a new retailer or search for a few cents off a litre at a different petrol station.
Fringe Benefit Tax changes make EVs better more appealing by up to $7k a year; NZ Post, Kaibosh and HEB Construction and many others aren't waiting for rule changes to go electric; the share of EVs keeps growing around the world; lots more marae are 'doing a Maui' and catching the sun; a native nursery near Nelson goes electric and heats things up in a very clever way; and is petrol or electric better when you're chopping down trees?
Read moreDownloadOver 100 people turned up to a meeting in Taranaki this week to voice their opposition to the proposed LNG import terminal. And whether it was cost, emissions or safety, there were a range of concerns raised, as RNZ reported. As we have said from the start - and as a big research project that's set to be released soon confirms - there are cheaper, better ways to solve the dry year issue and LNG is too expensive to be seen as a solution to our diminishing domestic gas reserves.
Read moreDownloadNew Zealand-made energy running through electric machines is a vision more New Zealanders are getting behind because it saves us all money, reduces emissions and increases our national security. But this Budget certainly won’t get us there. It’s like everyone wants to play open running rugby, but the forwards keep knocking it on.
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