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RNZ's Kathryn Ryan talked to Rewiring Aotearoa CEO Mike Casey and Electricity Networks Aotearoa's Tracey Kai about the changes proposed by the Energy Competition Taskforce and how they will improve the already impressive return on investment for solar and batteries. As Casey said, the most important thing to remember is that the biggest benefits to households come from using solar as it is the cheapest form of delivered electricity available to New Zealand homes and those with electric machines and cars can save thousands each year on their energy bills. Exporting excess energy is generally a cherry on top and the proposed changes to reward peak export might only represent a small increase for households, but they may be significant for farmers or businesses with more space. More solar and batteries also helps to bring down the cost for everyone on the network, reduces the need for expensive pole and wire upgrades, which are paid for on customers' bills and can also help create more security of supply by keeping water in the dams.
New South Wales gets the memo about the importance of finance and announces scheme offering zero interest loans to households to upgrade to electric stuff; plug-in solar gets the tick of approval to go on sale in the UK soon and the New York Times says it could 'change America'; EVolocity takes electrification to the streets to gets the kids inspired (and eventually employed); a tour of the amazing recycling business Redwood Materials; Think Solar and BYD give it away now; and a skit that cuts close to the bone for many solar dads.
Read moreDownloadAdvances 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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