Election 2017 - Party Policies - Energy - Electricity
27th May 17, 9:48am
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Electricity
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- Set a goal of 100% renewable energy generation by 2030.
- Winter energy payments for more than 500,000 lower-income households, which will cover 75% of the average extra cost of power in winter.
- Require big-generator retailers to report publicly on their accounts.
- Encourage time-of-use pricing so people can save money and the whole system benefits from lower peak-time demand.
- Incentivise energy efficiency by modernising the Low User Fixed Charge.
- Read more here.
- Introduce a Winter Energy Payment for people receiving superannuation or a main benefit. This will be $450 a year for a single person and $700a year for a couple or person with dependent children, paid monthly from May to September.
- Plan for the transition to the next stage of energy culture, based primarily on renewably-generated electricity and low emissions.
- Investigate and develop new electricity system structures that can deal with higher proportions of variable renewable energy sources such as wind and solar power.
- Reinstate until 2028 a moratorium on any new fossil-fuelled baseload electricity generation.
- Ensure that households and other distributed generators can be grid-connected at a fair rate, and sell surplus electricity back into the power grid at a fair price (linked to the wholesale price).
- Read more here and here.
- Introduce a government subsidised solar energy installation plan for all homes in Aotearoa.
- Introduce a government subsidised solar energy installation plan for 200,00 homes over a one year period.
- Enable families, community organisations and businesses to sell their unused solar energy to a government trading platform.
- Subsidise solar heating and expansion of energy hubs for rural communities.
- Read more here.
- 90 per cent of electricity will be generated from renewable sources by 2025.
- Encourage efficiency, meaning less resource and investment wastage and improvements in the coordination of electricity production.
- Review the low fixed charge and come up with an alternative that works for low income users.
- Make sure the settings are right so that consumers can get the energy they want in the way they want it—whether from the grid, or a solar tiled roof on their neighbour’s house.
- Read more here.
- Establish four basic aims for policy: guarantee security of supply; achieving greater investment in the industry to produce and distribute electricity; facilitate energy efficiencies; and, to ensure that energy is supplied at a fair and reasonable price.
- Conduct a full Inquiry into high retail electricity prices – recent reviews in the UK and Australia have found major issues with similar ‘market reforms’ we adopted here.
- Review the Electricity Authority with regulatory functions to be transferred to the Commerce Commission.
- Cancel the Transmission Pricing Methodology and require Transpower to socialise transmission grid costs across New Zealand; and reqiure Transpower to fund future transmission grid upgrades from its profits.
- Restore public ownership of the part-privatised generators (and WEL Networks) over time, by buying back shares when the market price for them is right.
- Read more here.
- Introduce a $10 million a year fund that will help New Zealand families install micro-generation technology into their homes.
- This would primarily be targeted at new builds to encourage building energy efficient homes.
- New builds could get up to $10,000 per house.
- Existing houses could get up to $5,000 per house.
- Read more here.
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