
Rewiring Aotearoa is very supportive of the Electricity Authority’s introduction of requirements for distributors to provide payments for exports at peak based on the avoided long run marginal cost of peak demand. This will fairly support consumers to invest in batteries and encourage people to supply surplus energy to the network when it is needed, benefiting all customers through lower electricity costs that we all pay through our power bills. To unlock the full extent of these benefits it is important that the intended group of customers have access to these payments. This intended group is the small businesses who do not have the bargaining power to negotiate fair benefits. It excludes large customers who are already more likely to be rewarded for the benefits their injection (exports) provides. Unfortunately the preferred proposal the Electricity Authority (the Authority) has set out in this consultation will not achieve this, and will reduce benefits to customers and does not align with the Authority's statutory objectives.
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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