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.

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.

What are the best solar panels in New Zealand?

Introducing the full black HITEK Solar 330W PERC module! It just came out in March 2020 — and is one of the best solar panels in New Zealand. With PERC or rear cells, sunrays bounce from its mirror underneath toward the cells, optimising your energy output. This results in a superb 22.5% efficiency, which is suitable for the country’s weather.

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 are the different types of solar panels in New Zealand?

There are three main types of panels that exist; monocrystalline, polycrystalline, and thin-film panels. These are silicon-based panels and are one of the most economical solar panels due to which they are the most demanded and used panels in New Zealand. But they have their downfalls.

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.