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Solar for all
(www.labour.org.nz)
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this post was submitted on 18 Sep 2023
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Aotearoa / New Zealand
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Don't really know the specific ins and outs of different policys and all that, but really want solar to become more main stream, and with that, hopefully bring the prices down a bit.
Very keen to get some solar in the near future, and would love for some friendlier prices :)
The one to watch is the buyback rate, or what the power company will buy power off you for. Unless you're using a lot of power during the day, this is typically what makes solar not worthwhile.
The real problem is the daily charge. If the buyback is close enough to the purchase price you can make your night time (off peak) costs balance your generated income. When you have a high daily rate you have make up that difference before you can break even. I just switched to a provider with a bigger buyback/purchase difference but lower daily and will come out ahead because of that. Got tired of sending 2x more kWh to the grid than receiving and still ending up in debit.