Has Russel Norman even bothered to read the EECA (Energy Efficiency and Conservation Authority) website¬†or the Consumer report on solar power from November last year? ¬† ¬†As usual the Greens are living in an environmentally friendly la-la land and completely ignorant of reality and actual proper research.
According to their “Solar Homes” report,¬†they are planning to have people install grid connected systems:
“once the low-interest loan is repaid, the¬†family will own their solar power system¬†outright. Families will be able to earn money¬†by¬†selling excess electricity back to the grid.”
Here is what our very own government funded bodies EECA and Consumer Affairs have to say after doing a LOT of research on grid connected systems:
If you are thinking about a grid connected system to reduce your energy bills, then it is important you understand the economics of the systems you are looking at. Even if a PV system proves marginally viable, there are¬†many better ways to reduce your energy costs.
In many cases setting up and using your own grid-connected generation system will cost you more than using grid electricity over the lifespan of the system. It is also worth knowing why most of the other benefits that are often associated with grid connected systems overseas don’t apply here in New Zealand.
As you will generally be selling excess electricity for significantly less than the retail price, most grid-connected systems will¬†never pay themselves off, let alone reduce your energy bills, or make you money.¬†¬† Read more »