Report: Electrifying NZ homes with solar and EVs could save $9 billion annually by 2040
By
RNZ | Te Reo Irirangi o Aotearoa
8d ago· 4 min readenNews
Summary
A new report finds that electrifying New Zealand homes with solar panels, electric appliances, and electric vehicles could save households thousands of dollars annually. Nationwide savings could reach $9 billion per year by 2040, while also cutting greenhouse gas emissions and reducing reliance on imported fuel. The report argues there is now a strong economic case for electrification in addition to the climate change argument.
Source
bskyReport: Electrifying NZ homes with solar and EVs could save $9 billion annually by 2040rnz.co.nzKey quotes
· 3 pulledAn average home could save thousands of dollars a year by switching to solar, electric appliances and vehicles, a new report says.
Nationwide, the country could be saving $9 billion a year by 2040, while also cutting greenhouse gas emissions and becoming less reliant on imported fuel.
The organisation behind the report said there was already a climate change argument for electrifying households, but now there is also a strong economic argument.
An average home could save thousands of dollars a year by switching to solar, electric appliances and vehicles, a new report says.
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