A New Zealand-designed commercial light fixture which results in power savings of over 40 percent is set to make big impact on local energy consumption – thanks to the development of an off-the-shelf model which has attracted support from the Electricity Commission.
The award-winning energy efficient High Five fixture has been three years in development and, until now, was available only for one-off projects. The aim, with the launch of the new model, is to reduce the energy consumption of New Zealand businesses by 11GWh year – enough to power more than 1300 homes for year. While the High Five still costs slightly more than competing light fixtures, the energy savings mean payback of the difference in less than six months, according to Sustainable Lighting Solutions, which will be marketing the product.
Reserve Bank opens consultation on keeping cash local
Management Editorial Team
February 25, 2026
The Reserve Bank is asking the public for feedback on a proposal that banks must provide a minimum level of cash services so people, businesses, and community groups can withdraw
