this post was submitted on 18 Sep 2023
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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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[–] NoRamyunForYou 9 points 1 year ago (2 children)

Don't really know the specific ins and outs of different policys and all that, but really want solar to become more main stream, and with that, hopefully bring the prices down a bit.

Very keen to get some solar in the near future, and would love for some friendlier prices :)

[–] Ilovethebomb 2 points 1 year ago (2 children)

The one to watch is the buyback rate, or what the power company will buy power off you for. Unless you're using a lot of power during the day, this is typically what makes solar not worthwhile.

[–] mojojojo@lemmy.world 3 points 1 year ago

The real problem is the daily charge. If the buyback is close enough to the purchase price you can make your night time (off peak) costs balance your generated income. When you have a high daily rate you have make up that difference before you can break even. I just switched to a provider with a bigger buyback/purchase difference but lower daily and will come out ahead because of that. Got tired of sending 2x more kWh to the grid than receiving and still ending up in debit.

[–] NoRamyunForYou 1 points 1 year ago (1 children)

Does the math, math if you get enough Batteries so that you can use a lot of it at night, without much buyback? Or does the high cost of storage not make the math quite math.

[–] Ilovethebomb 2 points 1 year ago (1 children)

I'm currently paying 10c/kwh off peak, and most of our power is used off peak, I doubt a battery would pay for itself any time soon. Besides, they're not the most environmentally friendly option.

[–] NoRamyunForYou 2 points 1 year ago (1 children)

Just totally random, but I suddenly thought of when they first introduced hybrid power into F1, and kept it quite open for the manufacturers to come up with their own solution, and at least one team (from memory) tested flywheels.

Wondered if someones done a residential scale flywheel, and it seems like there's been at least some research into it.

[–] Ilovethebomb 3 points 1 year ago (1 children)

Those systems more or less completely charged and discharged in each corner from memory, there wasn't all that much energy in the system.

The only realistic use case I can think of would be keeping power on long enough for a generator to spin up. Otherwise you'd have a moving part with a scary amount of inertia that needs routine maintenance, and otherwise just sits there.

[–] NoRamyunForYou 2 points 1 year ago

True. Does sound like a lot of maintenance and dangerr

[–] Mojojojo1993@lemmy.world 1 points 1 year ago (1 children)

Hopefully if they mandate for it. They will invest in solar and that should bring the price down for all. Only time will tell though

[–] NoRamyunForYou 2 points 1 year ago (1 children)

Hopefully with the massive amount of effort going into battery tech, the price continues to come down rapidly, and we also get new technologies coming out that are a bit more eco-friendly

[–] Ilovethebomb 1 points 1 year ago (1 children)

Nah, grid scale pumped storage is where it's at. Much cleaner.

[–] NoRamyunForYou 1 points 1 year ago (1 children)

Genuinely curious - but what about for "self reliance" / redundancy options on a residential scale?

[–] Ilovethebomb 2 points 1 year ago

That's definitely an advantage to having your own storage, how much that's worth very much depends on the individual customer though.

[–] eagleeyedtiger 3 points 1 year ago* (last edited 1 year ago)

Just saw this on the Aussie community and I'd thought I'd add it for some food for thought as it doesn't directly relate to NZ:

Rooftop solar eats up all demand in South Australia, world’s most renewable grid

The Aussies clearly love solar and I wish more people here would get behind it.

[–] Viper_NZ 2 points 1 year ago (1 children)

*Solar for some. Not everyone qualifies

[–] Mojojojo1993@lemmy.world 1 points 1 year ago (1 children)
[–] Viper_NZ 3 points 1 year ago (1 children)

It’ll have an income threshold, and renters aren’t mentioned at all.

[–] Mojojojo1993@lemmy.world 1 points 1 year ago (1 children)
[–] eagleeyedtiger 2 points 1 year ago* (last edited 1 year ago)

I don't think it's too unreasonable:

Eligibility criteria for the solar rebate will be households where the:

  • Combined household income of less than $250,000
  • Property valued at less than 1.5 times the national median house price (currently $1.15m) or 1.5 times Auckland and Queenstown median house price (approximately $1.49m and $1.9m, respectively).
  • Solar system is a minimum of 2Kw

The rebate will be available for rental properties.