What the solar buy-back argument boils down to
Power companies recently slashed the amount they pay to solar homes that can sell surplus energy back to the grid. Green MP Gareth Hughes wants them independently umpired. Meridian's counterstrike:
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Green MP Gareth Hughes is campaigning for the independent Electricity Authority to set solar buyback rates.
That is, the amount a power company will pay if you’ve got solar panels on your roof and generate surplus power you want to sell back to the network.
Mr Hughes points out Meridian used to
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