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Low cost loans for solar panels is common sense

The Green Party proposal to provide low-cost loans to homeowners for solar panels was welcomed by WWF as a useful contribution to expanding renewable energy in New Zealand.

“Clean energy is the future, and it is great to see a proposal that will help people to invest in clean energy for their homes, said WWF-New Zealand Head of Campaigns Peter Hardstaff.

“New Zealand needs to invest in distributed renewable energy and this policy is a useful contribution to achieving that.

“A clean, energy future for New Zealand is 100% possible but the Government needs to provide the right incentives for this to happen. The Green Party policy would help move us towards this future.

“The Government currently provides at least $46 million a year in subsidies to the fossil fuel industry. This takes the economy in the wrong direction. We need to move away from fossil fuels and towards clean energy - expanding solar power in home is part of the solution.

“Climate change is happening now, the time to start moving towards renewable energy is now, said Mr Hardstaff.

ENDS

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