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New Zealand passes solar tipping point

14 points by billybuckwheat

by JumpCrisscross

3 subcomments

"only about 20 percent of households had access to green loans from banks to do so, because they often require sufficient equity in a house and for the homeowner to have an active mortgage."
I get the equity requirement. But why an active mortgage?

by kneyed

1 subcomments

by dzhiurgis

0 subcomment

Thing is - the _install_ costs recently dropped while power price went significantly up.
And for comparison, power in Australia was always about 2x more expensive, while solar was about 2x cheaper. That's a 4x worse payback period in NZ!
> He said it was cheaper to put solar on houses than build solar farms
How?