this post was submitted on 18 Sep 2023
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submitted 1 year ago by Mojojojo1993@lemmy.world to c/newzealand
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This is a fantastic initiative. Hopefully all parties subscribe to this.

It's win win for all involved. Only power companies would be against this.

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[–] Rangelus 2 points 1 year ago

Nice!

Yes batteries are currently not really worth it at the prices we pay. I had 2 small batteries installed (IIRC they are 4kwh total), but they really add nothing. Slightly offset costs,but weren't worth it. I got a good price on them, however, so I'm not too upset, but in hindsight I wouldn't have added them.

I'm a big fan of centralised storage. Using excess generated power during the day on a pumped water storage system, or similar, and then returning it to the grid at night. I think the economies of scale make the most sense this way, and then buyback rates should be equal. That would require some radial overhauling of the current power landscape, however. If only the power companies hadn't been privatised back in the day, we would be in better shape then we are now.