How much do solar panels cost in New Zealand?

A 3kW solar power system would need ten 300W solar panels at a rough cost of $8000 – $10,000 in New Zealand. Conversely, a 4kW solar power system would require fourteen 290W solar panels at a ballpark figure of $10k – $11k installed.

Are solar panels a good investment in New Zealand?

A solar power system in New Zealand can easily earn a 10 to 15% return on investment. But this rate of return is likely to increase each year as the price of electricity continues to climb. Unsure if solar panels on your roof will be worthwhile or if the upfront cost will lead to a good payback?

What types of solar power systems are installed in New Zealand?

Grid connect systems are the most common type of solar power systems installed in New Zealand. Find out how the work in the video below. We are a New Zealand and operated solar power quote service provider and an unbiased source of information on solar power.

How do solar panels work in New Zealand?

Installing solar panels means generating and consuming your own electricity, independently. This is the most common type of solar power system in New Zealand. A grid-connected solar panel system is comprised of solar panels, an inverter, and connection components.

How much does a 5 kW solar system cost in New Zealand?

In 2023, a typical 5 kW solar power system in New Zealand costs around $13,500. Like most other things, the larger a system, the lower its cost per watt. For instance, a small, 2 kW system may cost around $7,500, which comes down to about $3.75/W. On the other hand, a larger, 10 kW system can cost around $25,000, or about $2.5/W.

Why do New Zealand homes use solar power without a power storage system?

Homes that are grid-connected without a power storage system are prevalent in the New Zealand solar industry. These households use electricity from the main grid when there is a shortage of sunlight to generate energy and rely on solar power during cloudy days or at night time. The verdict