New Zealand has passed the “tipping point” where most people buying solar panels will save more money than they spend on them, researchers say, but more could be done to unlock households’ ability to make use of solar power.
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the tipping point was probably passed about three years ago but has now been crossed for battery storage systems, too.
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He said it was cheaper to put solar on houses than build solar farms but only about 20 percent of households had access to green loans from banks to do so, because they often require sufficient equity in a house and for the homeowner to have an active mortgage.
Just under 84,000 customers now have solar power, up from 20,000 in 2018.
Thats a good article. It looks like they’re taking some interesting approaches of good “new” and “old” ideas I’ve seen in other countries. I wonder how much the lack of domestic fossil fuels as well as limited land area are shaping these vs politics and entrenched interests for energy companies.
Until the data centers move in.
Naw the tech billionaires don’t want that shit in the backyards of their survival bunkers
What’s probably stopping it is the added latency caused by most submarine cables to New Zealand going through Australia
