Solar-powered game changer

24 February 2015

Solar energy company solarcity unveiled its game-changing power scheme on Global Divestment Day, calling for customers to step away from fossil fuels and embrace a renewable-energy-powered future.

The company’s brand new solarZero scheme allows homes and businesses to install solar power without shelling out for solar infrastructure, something which solarcity founder and CEO Andrew Booth says is prohibitively expensive.

“Eighty five per cent of Kiwis want to go solar but have been put off by the upfront cost of the panels. For the first time in New Zealand there is now a simple way to go solar and pay for power and not panels. This first-of-its-kind zero-dollar-down plan is designed to let families and businesses generate cheaper power without having to choose between helping the environment and saving money.”

The scheme, which aligns itself towards the governmental goal of 90 per cent renewable energy by 2025, delivers power below the current price – and, even better, fixes that price for the next 20 years. “That’s a huge benefit when you consider the cost of residential power has increased by 69 per cent over the last 10 years,” says Andrew.

Not only that – solarcity will install, maintain and monitor the panels while providing cheaper power for customers.                                                    

solarcity has also joined up with the University of Otago and announced the new solarLab study. By analysing data from 120 solarZero residential systems and five commercial systems the study will trial the latest technology in energy efficiency and solar power and inform research around renewable energy.

“We also want to find out more about how we use energy as a nation to help move New Zealand toward a sustainable energy future,” Andrew comments.

Andrew says he is proud that his company is taking the initiative and working towards a clean energy future. “Despite the evidence of the severe impact of climate change, we as a country and Auckland in particular remain hooked on coal and gas. We are the last generation that can stop climate change and we have huge reserves of sunshine. Making use of it is simply a matter of common sense.”

www.solarcity.co.nz