Klathman:
I imagine this would then be the equivalent of the costs that happened to install power back in the day, which I believe were still high and often financed, but in a realm that people could still consider financing it. This is in contrast to some of the quotes people have shared which seems like a mortgage-type loan amount.
Back in the Good Old Days (late 1950s / early 1960s) the deal for rural electricity reticulation in the Wanganui Rangitikei Power Board area was a "capital contribution" of 300 pounds and a three-year take-or-pay agreement for a minimum amount of power usage. The average wage in 1960 was about 1,000 pounds per year, so the "capital contribution" was ~1/3 of a year's wages for the average worker, so in today's terms that would represent about a $20,000 up-front fee.
That was in the days well before full cost recovery, and there was definitely an element of cross subsidy from urban to rural consumers. This was seen as a Good Thing by progressing the NZ economy as a whole. Nowadays, that is regarded as old-fashioned thinking bordering on Socialism (horror!)



