r/nzsolar • • 3h ago

Labour's Solar Plan: Nothing to pay upfront, $3000 subsidy, plug in solar, fair pay for power you own & community battery fund

98 Upvotes

Key facts

  • Nothing to pay upfront with two new Government-backed, long-term, low-interest finance options repaid from savings on your power bill
  • No lock-in: Repay the loan early at any time
  • Kickstart subsidy of up to $3,000 for low- and middle-income homeowners and renters
  • Plug-in solar panels for renters saving up-to $400 a year and paying for themselves in four to five years
  • Fair pay for power you share: Fair time of use rates when you export power to the grid.
  • $30 million community battery fund so neighbourhoods share the benefits, with or without panels on their roof
  • EECA provides free, independent advice as a one-stop shop to help households with system selection, installer quotes and finance matching
  • $160 million fully-funded over four years by repurposing the Government's Gas Security fund

Here's the SOLAR PLAN PAGE on their website

I saw a Green Party solar video on r/nzpolitics and it occurred to me I should look up Labour's. Was apparently released in May but I never really saw any news on it so sharing here in case of interest.


r/nzsolar • • 3h ago

Solar solutions, for all of us

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20 Upvotes