This is a fantastic initiative. Hopefully all parties subscribe to this.

It’s win win for all involved. Only power companies would be against this.

    • Ilovethebomb@lemmy.nz
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      1 year ago

      Yes, but the power company typically buys it from you at roughly half the price they sell it for, so a system that is offsetting power used on the premises is far more cost effective than one on an empty house.

      There’s also transmission losses to consider.

        • Ilovethebomb@lemmy.nz
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          1 year ago

          Why do you think we step up the voltage as far as 220 thousand volts? You can lose a maximum of 5% of the nominal supply voltage between the switchboard and the load inside a building, and 7% from the point of supply to the load.

          Transmission loss on low voltage is definitely not insignificant.