New Zealand's National Party proposes low-interest loans for household solar and energy upgrades

Summary

New Zealand's National Party has announced a policy to offer low-interest, long-term loans for households to install solar power, batteries, insulation, and heat pumps. The loans would be repaid through rates (property taxes), removing the need for large upfront costs. The party also proposes allowing solar installation without council consent. Energy spokesperson Simeon Brown noted that only 3% of Kiwi households currently have solar, citing high upfront costs as a barrier.

Source

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