New Zealand passes solar tipping point

bbillybuckwheat about 5 hours ago 4 commentsRead Article on rnz.co.nz

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Discussion (4 Comments)Read Original on HackerNews

JumpCrisscross•about 4 hours ago

"only about 20 percent of households had access to green loans from banks to do so, because they often require sufficient equity in a house and for the homeowner to have an active mortgage."

I get the equity requirement. But why an active mortgage?

_aavaa_•about 1 hour ago

I think the idea is that if you don’t have an active mortgage then you have a lot more money available than someone with a mortgage, so money isn’t as much of a barrier for those people to put up the panels.

billybuckwheat•about 4 hours ago

I don't get the active mortgage requirement either and I live in NZ.

kneyed•about 2 hours ago

Tim Sparks, at the Electricity Authority!?