Important update on consultations for solar consumers
Who wants to finally get fairly rewarded for the power they generate and feed into the grid at peak demand times when the value of the electricity needed is at its highest?!
SEANZ encourages all consumers and importantly all solar and battery users to participate in these consultations… details below.
The Energy Competition Taskforce from the Electricity Authority and Commerce Commission is working to provide options to help consumers manage use and costs of their electricity. They have two proposals out for consultation about rewarding consumers for supplying electricity to the network at peak times, through their own solar and battery systems.
A Summary of the proposals:
The Electricity Authority wants to change some of the electricity industry rules to give people on standard power plans (individuals and businesses) more control over their power use and costs.
Two of the three proposed changes are about rewarding consumers for supplying electricity to the network at peak times, typically through their own solar and battery systems. They are:
- All large power companies must offer at least one ‘time-varying’ rate for power they buy from people with solar and battery systems.
- Lines companies must pay a rebate when people supply power when it’s needed.
These proposals will see people fairly rewarded for supplying power when it’s needed, and incentivise efficient uptake of flexible, small-scale electricity generation systems, such as rooftop solar and batteries.
Energy from rooftop solar supplied at peak times can ease pressure on the electricity network, reducing demand and keeping the lines costs we all pay for through our power bills to a minimum.
The consultation papers support proposals developed under Energy Competition Task Force.
For more information visit: New ways to power electricity consumers | Our consultations | Our projects | Electricity Authority.
We encourage you to participate - from the SEANZ team.
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