Everything you need to know about selling your excess renewable energy and solar power:

Q: Will I get my Network Trust dividend?

Yes!  You will still get your dividend after switching to PowerEdge.

Q: Why do I need a smart meter?

A smart meter gives PowerEdge 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.

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.

Q: Who buys my solar power?

We do! PowerEdge will purchase your solar power for as much as 14.37 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 the grid via your power retailer, or choose to store it in a battery storage system.

Q: What is EA levy and does it apply to export power?

The New Zealand Electricity Authority (EA) regulates the electricity industry. It charges power companies a levy to cover its costs. We pass this charge on to you. An average residential household pays approx $1 per month. It does not apply to export power.

Q: What does selling excess power mean?

When you get solar panels installed or decide to establish a renewable energy source, you can either sell the excess energy to retailers when you connect to the grid or choose to store it in a residential battery system.

Q: Does PowerEdge buy power generation?

Yes! As long as it is clean renewable power, such as solar panel power or wind turbines, PowerEdge will buy it.

Q: What is distribution generation?

Distribution generation is another name for selling your excess power. It is also called power export; embedded energy generation; and power generation.

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.