Solar Panels Nz Cost

A typical 6kw system costs 11 544 after claiming the 26 solar tax credit.

Solar panels nz cost.

The cost of solar power systems has flat lined in new zealand after steadily reducing in price over the past five years. A 3kw system that cost 11 000 in 2013 would only cost on average 9 000 in 2019. Prices were last updated on 08 04 2020. The benefits of solar power panels need to be carefully weighed against the costs eeca says.

The lg neon 2 range is the most popular with over 600 000 panels sold in australia and nz. Solar panel cost data 2020 updated. Solar easy pay plan zero upfront and 5 years to pay it doesn t get much easier than that. Timaru man stephen malone thought he d make major savings on his power bill after installing solar.

Number of solar panels. Pricing generally ranges from 35 000 to 49 000 depending on your power requirements. Our off grid packages include solar panels racking batteries and an inverter charge controller all combined in a plug and play system ready for installation by a registered electrician. We want to help kiwi s use the sun to cut their power bills so we re making solar even more affordable with our new finance plan.

A small sample of residential system sizes in new zealand are below and the rough price of each. To get the best payback from solar pv you need to use as much of the solar power as possible as it is generated. Reduce your power bill solar panels can significantly reduce the cost of your power bill. Solar power system size.

For example systems using sunpower panels see the highest average prices 17 820 22 020 for a 6 kw system and 29 700 36 700 for a 10 kw system and sunpower is known for producing well made high efficiency panel products. Good investment the average return on. Imagine premium brand solar fully installed from just 29 per week. 5 500 inc gst fully installed.

Most solar power systems reduce the price of your power bill by 50 and with the help of increased self consumption and solar battery storage it can be eliminated almost completely. September 12 2020 the average cost of installed residential solar power systems is currently 2 60 per watt. To incorporate battery storage. Solar panels also generate considerably more power in the summer when the days are longer and the sun is higher in the sky.

So does this mean it makes financial sense to install one on your residential property.