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?

Are solar panels expensive to install in Kiwi homes?

Apart from the panels, one of the more costly components of installing solar systems in kiwi homes is the labour installation costs of the installers. When choosing your solar installer, you should ensure they have relevant qualifications and experience and specialist training in solar installations.

How much does a solar panel cost per watt?

If you like talking and thinking in watts, the average solar power price per watt is now around $2.50/Wp (watt-peak, the maximum electrical power from a solar panel under standard conditions). This price takes into account the entire cost of the system. Curious about the individual price of a solar panel?

How many types of solar systems are there in New Zealand?

Generally, there are only three types of solar systems used in the New Zealand market: off-grid, grid-connected with a power storage system. You should discuss your specific requirements with your chosen solar installation professional.

How do I estimate the cost of a solar system?

The only way to get an accurate estimate of the costs for a solar system is to have an experienced solar energy installation company do a site survey at your home. Each home is different and requires a tailored solution designed to your specific roof and power requirements.