Innovative Ethical Energy
Join NowEverything you need to know about selling your excess renewable energy and solar power:
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Q: Will I get my Network Trust dividend?
Yes! You will still get your dividend after switching to Power Edge.
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Q: Why do I need a smart meter?
A smart meter gives Power Edge the ability to do a remote meter reading. All our smart meters work in accordance with current electricity industry standards and codes of practice regarding meter readings.
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Q: Will my power be cut off at any time during the transition process?
No! The transition process is seamless – your power is never disconnected or cut off.
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Q: Who buys my solar power?
We do! PowerEdge will purchase your solar power for as much as 20 cents per kWh incl GST. When your solar panels (or wind turbines, etc) are generating more power than your house is using, you can either sell the excess energy to us, or choose to store it in a battery storage system.
Q: What is the EA levy and does it apply to exported power?
The Electricity Authority (EA) regulates New Zealand’s electricity industry and charges retailers a small levy to fund its operations. This cost is passed on to customers and is typically around $1 per month for an average household. The levy applies to electricity you use from the grid, but not to electricity you export.
Q: Does Power Edge buys power from the electricity market?
Yes. Power Edge purchases electricity from the wholesale market, focusing on clean, renewable sources such as solar, hydro, geothermal, and wind generation.
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Q: What is distribution generation (DG)?
Distribution generation is another name for selling your excess power to the network. It is also called power export; embedded energy generation; and power generation. Prior to installing solar, all customers should apply for a DG Approval from their local network. This is typically facilitated by the solar installer.
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Q: Do I have to declare selling my excess power for tax purposes?
If selling excess power was done with the intention to generate an income, you should consult with your accountant.
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Q: Which time of the day is Night rate?
In general, Night rate is 11PM to 7AM 7 days a week.
For Orion Network and Wellington Electricity connections, it is 9PM to 7AM 7 days a week