New Zealand: Solar Tax, “Desperate Move to Squeeze Every Last Dollar Out of a Dying Business Model”






New Zealand: Solar Tax, “Desperate Move to Squeeze Every Last Dollar Out of a Dying Business Model”


April 9th, 2016

Disclosure: I sell solar power systems in New Zealand.

They’re going to gouge people while battery prices are still high. The NZ electricity cartel knows it only has a couple of years left to screw people before grid defection sweeps over this place like a tsunami. In the meantime, get used to hearing about how solar isn’t fair and solar users kill kittens, etc. from the CEOs of the electricity cartel.

Via: SolarCity:

“Trustpower is supporting a solar tax when the Electricity Authority says the move is out of step with its recommendations.�

“Just six months ago Trustpower told delegates at the Sustainable Electricity Association conference that it was commercially logical for generators and retailers, who have billions of dollars of assets, to try and delay the take-up of solar for as long as they can.

“They know it’s only a matter of time before there’s a massive uptake of solar and delaying tactics, like a solar tax, are a desperate move to squeeze every last dollar out of a dying business model.

“Utilities have a fundamental financial incentive of ‘build more to profit more’. This conflicts with the public interest of building and maintaining an affordable grid which uses current assets and renewable technologies to reduce costs and to create a sustainable and robust energy service.

“The old financial incentive model was originally constructed to encourage the expansion of electricity access, but it’s now broken and new technology is increasingly making it irrelevant and costly both for consumers and the planet.

“Adding distributed energy systems, which generate electricity at the point of use, will help lower overall electricity prices and make the grid more resilient.�















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