Labour will double the number of houses with rooftop solar in New Zealand, lowering household power bills, reducing
emissions and boosting renewable electricity generation.
“We need to increase renewable electricity generation by 68 per cent by 2050. Solar on roofs lowers bills, as well as
generating electricity locally, reducing reliance on the grid,” Labour Leader Chris Hipkins said.
“I am absolutely focused on lowering household costs at the same time as driving New Zealand to become a global
powerhouse of renewable energy. This plan does both of those things.”
“We’ll boost New Zealand’s renewable energy production and make Kiwis’ power bills cheaper, through a fiscally
responsible plan that contributes up to $4,000 towards installing rooftop solar panels at home – $2,000 towards the
panels and $2,000 for a battery.
“There are well over 40 thousand New Zealand homes getting cheaper, clean electricity with rooftop solar – this will
more than double that with approximately 60 thousand more rooftop solar systems.
“Experience from projects funded through our Community Renewable Energy Fund shows household solar panels can reduce
energy bills by up to 50%. That’s a saving of up to $850 a year.
“This package of new measures builds on Labour’s plan to see New Zealand lead the world in renewable energy, creating
jobs and protecting Kiwis’ power bills from
international price volatility,” Chris Hipkins said.
Labour Energy spokesperson Megan Woods said the plan will also put $20 million of new funding towards community energy
projects to help boost energy generation, and put more renewable energy back into the grid, helping to lower the overall
cost of energy nationwide.
“That funding will see new pilot programmes like mini urban solar farms, which provide revenue to those with spare
commercial roof space by installing solar panels which feedback into the grid, trialed before being rolled out wider,”
Megan Woods said.
“We will also fit 1,000 Kāinga Ora homes a year with solar panels, which will give financial relief to some of our lower
income families by reducing monthly energy bills.
“With Transpower forecasting a 68 per cent increase in electricity generation needed to meet demand by 2050 we need to
boost New Zealand’s renewable energy capacity to provide greater economic security.
“By transitioning the bulk of our energy generation to renewable sources, like wind, solar and hydro in a fiscally
responsible way, we can better protect New Zealanders from international pressures on energy prices like we have seen
over the last two years with the war in Ukraine.
“With emissions coming down it’s clear Labour’s plan is working. Today’s announcement builds on the success of the Clean
Car Standard and Discount which has increased EV uptake by 35 per cent since 2017. And the funding of the more than 1300
EV charges, one in almost every New Zealand town.
“It’s further to BlackRock’s $2 billion fund and the work of New Zealand Green Investment Finance to accelerate
investment in innovative and dynamic companies, new technologies and significant projects that create jobs.
“We can either remain vulnerable to volatile global economic forces or follow Labour’s affordable plan that boosts
energy production, reduces emissions, lowers energy bills, and positions New Zealand with a future proof economy,” Megan
Woods said.