Schools will save money, have greater energy security, reduce school energy bills, and reduce their carbon emissions through a $30 million Government initiative to put solar panels on up to 500 schools across New Zealand, Energy Minister Simeon Brown and Education Minister Erica Stanford say.
“The solar on schools programme marks a significant step toward energy affordability and resilience across the education sector,” Mr Brown says.
“Early modelling by Energy Efficiency and Conservation Authority (EECA) shows that solar panels are estimated to pay for themselves within five to seven years and a 30kW system – the standard size for a school – could save a school up to $8,000 a year in electricity bills.”
Read the full media release on the Beehive website(external link)