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'Cheapest overall': Switching electric could save Kiwis $3k per year

Author
Newstalk ZB,
Publish Date
Mon, 29 Jun 2026, 7:20am

A new study claims that by fitting your home out with solar panels and swapping to an EV, you can save $3000 a year.

The savings gap between electric homes and cars and fossil fuelled homes and cars has doubled in two years as energy prices have increased and the price of solar, batteries, electric vehicles and other appliances has fallen.

CEO of Rewiring Aotearoa Mike Casey told Mike Hosking that, 'Solar on the roof charging an EV is the cheapest overall. So it's kind of one step at a time is what we're advising most people.'

He says more Kiwis should be thinking about a gradual switch to solar power. 

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