The case for energy loans: read our latest explainer
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 here"We've lost the cops!" In our next instalment of Political Power, we managed to get David Seymour, deputy prime minister and leader of the Act Party, behind the wheel of a Zeekr 7x when he was in Queenstown recently. As is often the case when people take a new EV for a spin, there was much chortling as he gave it heaps up the Remarkables ski field road - and, if we take him at his word, we might even see him give Mike Casey's tractor heaps up Parliament steps in the future.
Read moreDownloadEVs are having a moment right now, so how can we get more people driving electric; Tom Selleck sums up how EV owners are feeling right now and staggering analysis shows the sun's prices have been unaffected by decades of geopolitical conflict; Scion goes solar to get off gas, while dairy farmers and homes go with solar and batteries to keep going; Saul Griffith takes his solar-powered scooter to Canberra and starts a fight with regulators; the Cancer Society's Lions Lodge in Hamilton gets some panels donated and will save $17,000 a year; and killing the Friday vibe with new studies on how fossil fuel companies made massive profits after the last energy crisis in 2022 and carbon emissions making our blood boil - perhaps quite literally.
Read moreDownloadAn electrification advocate says the rising price and falling supply of gas may not be a bad thing in the long-term. PwC research —commissioned by Gas Industry Co— has found New Zealand's gas market will need to shrink sharply as domestic supply declines. It warns this could mean business closures, job losses, and higher energy costs.